Sir,

I have taken a joint home (me +wife) loan , from LIC Housing Finance, for Rs.
22,25,000 for 20 yrs.
Wife is primary and I am secondary loan applicant .
Also for the property, she is primary applicant and I am secondary.

I wish to know, that what is the process of sharing the Home Loan Tax benefit in 50:50 ratio in our case.

We both have nearly same salary package.

Thanks & Regards,
Anirban Roy

This is an INDIAN tax question.

This forum deals with U.S. tax questions.