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Does taking a joint home loan double tax benefits? Financial expert explains
கூட்டு வீட்டுக் கடன் பெறுவது வரிச் சலுகைகளை இருமடங்காக்குமா? நிதி நிபுணர் விளக்கம் அளிக்கிறார்
Chennai: Many people wonder if taking a joint home loan leads to double tax benefits. Financial expert Rajesh Krishnamoorthy has provided a detailed explanation on his social media page. To claim tax benefits, one must be a co-owner of the property and also a co-borrower on the home loan. Most importantly, he stated that you must actually pay your share of the monthly installments.
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