Income from house property
This query is : Resolved
05 November 2013
Thank you for your reply:) please clarify and make me clear with the same..
Can he able to claim both of the following or anyone?
1. the Property as self occupied as it is owned by him and
2. deduction u/s 80GG as he is paying rent:)
CMA Ramesh Krishnan
(Expert)
05 November 2013
Cannot claim both. sec.80GG basic conditions to claim, the assesse should not have any other property where he resides( either in the name of spouse/children/own name)
Incase having house anyother place, the same house should not be shown and claimed as self occupied u/s.23(2)(a) or Sec.23(4)(b)
Incase having house anyother place, the same house should not be shown and claimed as self occupied u/s.23(2)(a) or Sec.23(4)(b)
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