House property
This query is : Resolved
13 July 2012
I have 2 residential house in Delhi. Both self use. I'm paying housing loan on both of them. For one house, I'm treating as self occupied & other house I'm showing income equal to rental value. Interest on self occupied house is allowed max Rs.1.5lac & Intt on Let out house is unlimited? Should I show fair rental value of other house & claim full intt deduction? Although it is used by my parents?
13 July 2012
Yes you can claim full interest of the house in which your parents are residing.
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