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House property

This query is : Resolved 
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(Querist)
07 July 2016 Respected experts,
i have taken benefit of sec 80C and 24b for house loan.
i just want to ask that while drafting balance sheet of an individual should I show house property in assets side( for which I have taken 80C & 24b).
Is it mandatory to show to have the benefit for the said sections.


hoping for the early reply.

Thanks & Regards
Dhiraj Gupta
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Amol S Joglekar

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Amol S Joglekar (Expert)
07 July 2016 yes, show the house property for which you have availed the benefits of 80C and 24b, on ASSET side.
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