House property income tax
This query is : Open
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CA JAYESH RELKAR
(Querist)
21 July 2021
Case : If Mr.x has 5 house property. out of which 4 are let out and 1 is self occupied. he gets rent for 4 house property.
Query : Now can he claim 2 house property as self occupied on notional basis for AY 2021-22?
Query : Now can he claim 2 house property as self occupied on notional basis for AY 2021-22?
CA R SEETHARAMAN
(Expert)
22 July 2021
No, he can't claim as 4 houses are rented out. Self occupied benefit can't be claimed for rented house.
CA Rashmi Gandhi
(Expert)
23 July 2021
Option to choose self occupied not available in case of let out property.
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