House property income
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 August 2013
I have 2 HP in which 1 HP I sold in current year & interest on that HP is around Rs.3 Lac which is already give on rent part of the current year, 2nd HP which is self occupied & interest on it is around Rs.10 Lac.
So while calculating tax weather it is possible to me to show self occupied HP as a rented HP?
So while calculating tax weather it is possible to me to show self occupied HP as a rented HP?
08 August 2013
Yes you can show the house property as let out but then you will also have to show rental income.
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