Is exemption is available for self occupied house and rented house 2 Lakhs each separately or only 2 Lakhs total.
Exemption u/s. 54 for self occupied and rented flats
Vasudev (Project Manager) (32 Points)
28 February 2017
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160322 Points)
Replied 28 February 2017
It is proposed to adjust (total) loss under HP (whether single house or any more number) against other heads of income (section 24B, not section 54). Un-adjusted loss can be carried forward.
debora M
(BUSINESS DEVELOPMENT MANAGER)
(1697 Points)
Replied 23 April 2020
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