Exemption u/s. 54 for self occupied and rented flats


Project Manager

Is exemption is available for self occupied house and rented house 2 Lakhs each separately or only 2 Lakhs total.

 
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KVO Merau Kutchh

It is proposed to adjust (total) loss under HP (whether single house or any more number) against other heads of income (section 24B, not section 54). Un-adjusted loss can be carried forward.

 
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