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House property.

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This query is : Resolved

Amitabha Das (Querist)

03 June 2019 Sir,I reside in my parent's house with my family.House owner is my mother.Idon't give any rent.Basically we all live in this house with my motherand family.Sir therefore filing itr-4,on behalf of me(as I'm earning member)what to be select in place of House property?Will it be selcted as Self occupied(although house owner is my mother) or better to not select anything?Without selecting anything,will ITR-4 be processed?Thanks in advance sir.

CA Kratika Golechha

CA Kratika Golechha (Expert)

04 June 2019 Hi Amitabha,

Since you are not the owner of the property, you are not required to select anything. Your ITR 4 will be processed without showing anything in the head " Income from house Property".
However, if any interest is being paid on the loan taken for house, your mother should file the ITR showing as self occupied and claim the same.

Thank You.

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