House property
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 July 2017
I have 2 houses, one is let out and has no loan taken on it but other is self occupied and has loan interest of 4.5 lacs paid on it during the year. Since I can only claim benefit of 2 lacs u/s 24(b) on self occupied though interest paid is 4.5 lacs, can I show the second property of self occupied as let out to my brother as say I have let out 2 rooms to him at 7,000 per month to be able to claim complete 4.5 lacs as deduction u/s 24(b)?
CA Rashmi Gandhi
(Expert)
30 July 2017
Yes you can show.........
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