1st property or 2nd property?
Querist : Anonymous
My flat is self-occupied and it's in my name. Recently we have bought another flat in my wife's name. Wife is working as well.
So for income tax purpose, does my wife need to show this new flat as 1st property or 2nd property? and can she claim deduction for home loan interest. Kindly advise. Thanks in advance.
Querist : Anonymous
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