17 July 2019
I have a flat each in Delhi and Chennai. My second house is not rented out during last financial year. I understand there's some amendment wrt to income from second house. Can I claim self occupied for both houses for AY19-20, while filing my return? PL clarify. Thanks
04 June 2020
Interest paid on loan taken for the self-occupied house is an eligible deduction under this head of income. The amount paid as interest on the loan can be entered here. The current maximum limit for self-occupied house is Rs 2 lakh.
CAclubindia
