Housing property calculation
This query is : Resolved
09 January 2014
If the Induvidual has one house(Letout) in one state and another house(Letout) in another state and she has received HRA.How can i take the two houses as letout or One house letout and another house self occupied.
Please advice me.
Thanks in Advance.
Please advice me.
Thanks in Advance.
09 January 2014
income from both houses let out are to be offered for tax.
Nikhil Kothari
(Expert)
12 January 2014
As the assessee is receiving rental income from both the houses, she cannot claim any house as Self Occupied and hence she need declare rental income of both the houses as Income from Letout Property
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