Income from house property
This query is : Resolved
kishore kumar
(Querist)
15 July 2014
I have 2 house properties which are constructed for letting out purpose. one H.p is Let out And receiving rent and the 2nd H.P is Vacant for the Whole year. how Should i treat Muncipal Taxes Paid & Interest on housing loan. Please clarify the issue .
Thanks In Advance/.
Thanks In Advance/.
15 July 2014
loan taking for which house..........
kishore kumar
(Querist)
15 July 2014
its an apartment and i am talking about 2 different flats. Loan Taken on Apartment .
15 July 2014
so on aprtment u took loan and then there is sep 2 hp?
kishore kumar
(Querist)
15 July 2014
yes, amongst 2 H.Ps 1H.p is vacant through out the year . Can i claim interest and muncipal taxes paid on such flat proportionately.
15 July 2014
yes it is allowed if all hp ur showing under income from hp............
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