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Income from house property

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(Querist)
06 July 2016 Hello, my question is regarding Income from House property.
Suppose i stay in Thane, where i have 2 properties say A & B. Property A is self occupied & B is deemed to be let out property. I have loans on both houses (A&B). For Tax purposes it is more beneficial for me to show as Property A Deemed to be let out and Property B being Self occupied. Can i show it such a way to get tax benefits?

Current Status: Both Properties in Thane
Property A: Self occupied
Property B ; Deemed to be let out

For Income tax purpose: More beneficial
Property A: Deemed to be let out
Property B: Self Occupied

Can i adopt the second method which would be more beneficial to me???
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ASHWANI DHANUKA

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ASHWANI DHANUKA (Expert)
06 July 2016 Yes. Not an issue. And file return accordingly mentionong the adresses of houses
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ASHWANI DHANUKA

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ASHWANI DHANUKA (Expert)
06 July 2016 But note that. In case ur file opens, u need to establish the same before ITO
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Abhay Karandikar

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Abhay Karandikar (Querist)
06 July 2016 Okay. Thank you Sir.
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