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    anirbanroy_in's Avatar
    anirbanroy_in Posts: 1, Reputation: 1
    New Member
     
    #1

    Mar 13, 2008, 12:59 AM
    What is the process of Joint Home Loan Tax Benefit
    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
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #2

    May 1, 2008, 08:53 AM
    This is an INDIAN tax question.

    This forum deals with U.S. tax questions.

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