Deduction due to house rent given
This query is : Resolved
Kalyan Ghosh
(Querist)
15 October 2018
My son stays in a self occupied flat owned by him.Now he has been transferred to another city.My son wants to move to the new city giving own house to a tenant on rent.. In the new city he wants to rent a flat for his dwelling.
My question is for the next income tax filing
1) Whether my son can enjoy tax benefits due to the house rent given .by him in the new city
2)Of course the Rental Income earned by him in his original city should be shown as Income from House Property
Please reply.
My question is for the next income tax filing
1) Whether my son can enjoy tax benefits due to the house rent given .by him in the new city
2)Of course the Rental Income earned by him in his original city should be shown as Income from House Property
Please reply.
15 October 2018
1) Seems eligible to claim. See section 80GG of the Income tax Act,1961.
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