Did you know each joint owner can split costs of registration and stamp duty and claim 80C deduction?
good read info here; Payment made towards registration and stamp duty is eligible for deduction under section 80C provided these are claimed in the year in which they are paid. To avail the maximum benefit owners should split these costs and claim. When your interest outgo is more than Rs 2lakhs per annum on a jointly owned property then as a family you can claim a larger tax benefit for the interest paid on home loan.
Hi Sandeep for your info
If you have purchased the property jointly , the co- owners can claim these expenses in their respective income tax returns based on their share in the property. However, the maximum limit of Rs. 1,50,000 available under section 80C shall apply