Income from House property

Others 187 views 3 replies
whether Income from letout 59000 and Loss from self occupied (259000) can be considered. where the total loss from house property is (2,00,000)
Replies (3)
yes u can set-off
what is the supporting section that allows the set off
as per section 24(b) in case of sop you can claim max upto 2lakh/30k which ever is applicable. Therefore, you will not be eligible to book loss of 2,59,000 under SOP


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