Assessee is having 2 house properties.
One is where he is employed and the other is in his native place.
One is occuped by himself and his aged parents are residing in the other one.
No rent is collected.
Can he claim both as self occupied under any special provision?
It has been done so earlier.
Hi Venkatesh
In the income tax you will get a exemption of one self occupied house for others you need to pay tax i would like to suggest you calculate the tax liability of both the house whereever you need to pay higher taxation just take a exemption of that house
Do your calculation with normal procedure
Correctly said Amit
| Originally posted by :C.A Amit Daga | ||
| " | Hi Venkatesh In the income tax you will get a exemption of one self occupied house for others you need to pay tax i would like to suggest you calculate the tax liability of both the house whereever you need to pay higher taxation just take a exemption of that house Do your calculation with normal procedure |
" |
Amit has rightly said .you will get exemption for one self occupied house only.
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