I had two houses A&B.
*self occupied in A for first half year(1/1/2017 -30/6/2017)
and for second half year (1/7/2017-31/12/2018)house A was given for let out.
*House B for the first half year (1/1/2017-30/6/2017) given for let out.
self occupied in B for second half year(1/7/2017-31/12/2018).
#Explain me about tax treatment????
Menu
House Property 🏠
Replies (2)
it's not 2018 - it's 2017
The period of Jan to June should be separated FY. wise. .first. .
one of the house is to be selected for letout purpose and tax is arrived for. The other house is deemed to be self occupied.
Total max exemption of 2lacs each. under sec 24 and Sec 71(3a) allowed.
one of the house is to be selected for letout purpose and tax is arrived for. The other house is deemed to be self occupied.
Total max exemption of 2lacs each. under sec 24 and Sec 71(3a) allowed.
Recent Topic
- Issue with ITR2 online utility for HUF
- TDS deducted by EPFO under wrong section
- Schedule SI in ITR-2
- What is the easy way to do CA- through foundation
- Schedule FA query for this AY 2026-27
- Business income source for husband and wife
- Set off of LTCL against STCG under section 536(2n)
- Audit Workflow tool
- Is CA through direct entry easy for a commerce stu
- Dividend and withholding tax - DTAA- RSU
Related Topics
CAclubindia
