Can The Quantum Of Deduction u/s 24 & section 50C Decided By Joint Owners Mutually?

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I and my wife have purchased a flat (ownership 50-50%) on a loan taken from a bank in which our joint income was considered. Now can we ourselves decide our share of availing the tax benefit (60-40% or 70-30%and so on) on principal repayment and interest payment. Further can the tax benefit be adjusted in…

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