Deemed Let out Property
This query is : Resolved
Quick Summary
Neha Anand Dhakorkar
(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.
CA Raj Doshi
(Expert)
26 September 2020
Yes. It can be claimed.
26 September 2020
But as per Indian custom/conditions taking legal advantage out of 'marital relationship' invites tax litigation.
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