Residential property
This query is : Resolved
Rishabh Garg
(Querist)
06 April 2015
experts, if a person is staying in a house, and his other relative are residing in other house.
then for IT purpose can we termed both as residential property.both r owned by same person.
CA Kanj Goel
(Expert)
06 April 2015
A person can not own two houses as self occupied properties so you have to show one house as let out property in accordance with section 24 of income tax act.
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