24 April 2013
My query is whether the assessee is allowed to get exemption of two self occupied houses. One is occupied by himself and other is occupied by his parents and the property is not adjacent to each other.
24 April 2013
When assessee owns more than one house then he is allowed to claim exemption in respect of any one house. But the house on which the exemption is sought should be occupied by him, either during the whole year or during the part of year. Hence Assessee will be allowed to take exemption in respect of the house self occupied by him and not the house in which the parents are living.
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