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Can a husband and wife, both of whom are tax-payers with independent income sources, get tax deduction benefits, with respect to the same home loan?

April 26, 2017Benefits home loan husband income independent respect sources tax deduction tax-payers wife

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Can a husband and wife, both of whom are tax-payers with independent income sources, get tax deduction benefits, with respect to the same home loan?

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Yes, in this case, the husband and wife (being tax-payers with independent sources of income) can get tax deduction benefits with respect to the same home loan.