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Deemed Let out Property

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(Querist)
25 September 2020 House 1 is jointly own by husband and wife. 1 st name is of Husband. Husband treat it as SOP in his return . House 2 is own by Wife. Can Wife claim 2nd house as SOP.
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CA Raj Doshi

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CA Raj Doshi (Expert)
26 September 2020 Yes. It can be claimed.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
26 September 2020 But as per Indian custom/conditions taking legal advantage out of 'marital relationship' invites tax litigation.




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