Income from house property
This query is : Resolved
07 July 2013
An individual is having two residential propertys. One self occupied one let out. Now due to illness he has taken other house on rent and rented the house which was self occupied.
What are the implications?
Can he calim 30% deuction in both the houses?
Will he get any deduction of the rent paid?
What are the implications?
Can he calim 30% deuction in both the houses?
Will he get any deduction of the rent paid?
07 July 2013
yes, 30% of NAV u/s.24 is available for both houses. since you have letout property
you can claim HRA for your rent payment if you are salaried other wise you can claim Sec.80GG
you can claim HRA for your rent payment if you are salaried other wise you can claim Sec.80GG
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Supply through E-commerce Operators
- STCG....................................................
- Sales return eway bill
- AMOUNT RECEIVED UNDER COMPULOSRY ACQUISITION OF AGRICULTURAL LAND
- Relief u/s Section 89
- TAN for Partnership
- Is it compulsory to File 10E if Income including Pension Arrears is below 12 Lakh for the F Y 25 26
- Is E Way Bill Valid If Transport ID Not Mentioned in PART A But Vehicle details mentioned in PART B
- E way bill for tractors
- Specified Profession
- Section 54F - Exemption on LTCG in 2026 for HP purchased in 2023
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- Nomination of Bank for refund in itr 2
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
