House property
This query is : Resolved
17 June 2014
One person has two House Property (HP), One House Property is occupied by assess himself due to employment. Another House property is occupied by spouse of assess. Location of both the HP is different. In this scenario assess is genuinely occupying two HP. Can we treat both as Self Occupied Property (SOP) & can we take deduction of interest there on?????
17 June 2014
In my opinion only 1 property is classified as self occupied
20 June 2014
NO it is option for him he choose one property and another show as let out and income will taxable of second house.
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