Dear experts,
I am a NRI. If I take home loan to relative of NRI, will the EMI be considered as my liability while calculating compensation amount to my 498a wife?
According to 6th point of this link https://www.iob.in/Relatives_of_NRI1.aspx, property should be registered in the name of relative. So, if I register the purchased house in my mother name, I could save the property as well as I could reduce the compensation amount. Am I right or not?
If I have 2400 sqft land which is worth of 20 lakhs and purchased from my hard earned money. Will it be considered for compensation? There is no house in that land or any income from that land. Can my wife ask for a share from it?
I have deposited 15 lakhs rupees in my mother account. She is senior citizen and depends on me. Can my wife ask for a share in that amount as it was deposited from my income?
