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F. A.Q. on Indian Income Tax Laws!: Is Deduction of Interest Allowed For House in Father's Name? 
I am working in Chennai for take home of 36k, gross 44k (after tax, 1lakh savings). Now I am planning to borrow house renovation loan. But the house is in my native Kasaragod Kerala and in the name of my father. This is house is attached with agricul...
http://www.taxworry.com/2007/06/is-dedcution-of-interes
t-allowed-for.html
added by taxworry, 11 months 29 days ago
t-allowed-for.html
