Income tax house property

Others 308 views 2 replies

Can an individual claim a self occupied property when his HUF claims self occcupied property(another property)?

Replies (2)

Yes both are assessed as separate legal entity in income tax. I.e karta and individual can have 2 separate sop.

Needless to say, it should not be a case of clubbing of income. I.e individual should not have trfd the house purchased by him to huf. The property needs to be an ancestral property or purchased by huf.


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