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saurabh pundir   10 May 2017

deduction of interest payable on home loan

i have 2 properties .....
1. fir one i show income from house property.
2. my parents are living in 2nd. can i consider this one as self occupied?
for both can i claim deduction of loan interest.


 2 Replies

manoj

manoj (student)     10 May 2017

ONLY 1 PROP WILL BE SOP

CHOICE WILL BE YOURS

CA Rashmi Gandhi

CA Rashmi Gandhi (Chartered Accountant)     10 May 2017

You can show only one house as self occupied. Deduction of interest allowed for that house for which loan taken.

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