Income from house property

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2018 i have two residential houses, one is rented and the other vacant. i am a salaried government employee and live in a different city on rent for which i get HRA.
Can I show one of the property as self occupied or do I have to show a notional rent on vacant house also.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

25 August 2018 You can show one house as self occupied and claim HRA exemption in view of different place of employment.

Querist : Anonymous

Querist : Anonymous (Querist)

25 August 2018 Sir, you mean to say that I should show the rent received from rented property as income from house property. and the vacant house as self occupied so -nil annual value and hence no income from house property .

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

25 August 2018 Yes,................

Querist : Anonymous

Querist : Anonymous (Querist)

26 August 2018 Sir,the last query- I am living in different city and paying rent and getting HRA for which I shall claim exemption also. Still I can show the vacant property as self occupied.or have to show some notional rent

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)

26 August 2018 Yes no problem in showing one house as self occupied and due to employment staying in a different place paying rent and claim HRA. Same place employment only HRA not allowed.

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