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House property

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(Querist)
05 September 2013 If person have only one house which is self occupied by him so, how can i calculate property loss and can he claim interest and municipal tax? please guide me...
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 September 2013 for self occupied house property,. net annual value is Nil. only interest payment maximum of Rs.1.50 lakh can be claimed u/s.24b
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
05 September 2013 Municipal taxes cannot be claimed
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shuchi

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shuchi (Querist)
06 September 2013 Thank you so much...
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