9. Can mortgage interest paid for the acquisition of a car parking space be claimed for tax deduction?

9. Can mortgage interest paid for the acquisition of a car parking space be claimed for tax deduction?

Home loan interest paid for the acquisition of a car parking space is deductible if:

1. the car parking space is located in the same development as the dwelling in respect of which home loan interest is being claimed in the same year of assessment; and
2. the car parking space is for the use of the owner of the said dwelling.