House rent
Daljit Singh Mann
(Querist) 18 February 2013
This query is : Resolved
'A' and his wife 'B' both are State Government employee and took a joint home loan from bank and purchase a flat on the name of 'B' in the year 2009. 'B' pay the installment of home loan through an auto debit joint (A' and 'B') saving bank account. Now 'A' is residing separately (not legally separated) on rent in another flat since March 2012. Is 'A' entitled to get rebate on the amount paid as rent ?
ajay sethi
(Expert) 18 February 2013
yes A would be entitled to get rebate as he is paying 50%of amount of home loan and the loan has been sanctioned in name of both A and B
R.K Nanda
(Expert) 18 February 2013
agree with Sethi.
Raj Kumar Makkad
(Expert) 19 February 2013
If A is already getting the rebate of loan amount then he is not entitled to avail the rebate on rent.