Home loan
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 February 2016
I have taken a 2nd loan for 2 nd house. The house is self occupied
My 1st loan is over.
What Is income tax rules
My 1st loan is over.
What Is income tax rules
CMA Ramesh Krishnan
(Expert)
12 February 2016
Since has 2 house properties, in any case one house need to be treated as self occupied and other need to be treated let out or deemed to be letout ,so plan your tax savings accordingly you can decide which is self occupied and which one is let out
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