Hi!! a person is holding a HBL on a property which is self occupied and getting deduction of Interest & Principal Paid, but last year he bought a new flat in Loan too, the new flat is still under construction. In this case how will I claim deduction of 2nd HBL Interest and principal paid because one can only mention Self-occupied in one property in ITR-2 or ITR-4, as per ITR the 2nd property should be let out or deemed let out, So where to fill up in Schedule-HP (ITR) for the 2nd HBL deduction as the under construction Flat is neither self occupied nor let-out.
Please reply with your valuable advice.
Thanks & Regards in advance.
CAclubindia
