House property income

Rent received from house property shall be chargeable to tax under the head income from house property. You may claim deduction u/s24 of upto 30% of the nav. If you are not the only owner, then the other co-owner, too, will have to show this income in their ITR just like you.

rent paid in bangalore is deductbale or not

ACCORDING TO ME, NO ,RENT PAID BY U IS NOT DEDUCTABLE

rent collected by you from your house property will be charged as income under the head income from house property. u will get a standard deduction of 30% on that under section 24.

and regarding your rent paid by you in banglore, if you are a salaried employee and getting HRA as part of your salary than you can claim HRA exemption u/s 10, for this you have to submit proof for rent paid by you to your employer.