Lead Consultant
22 Points
Posted on 10 July 2012
Hi,
I have one rented flat on which I am paying income tax as per the calculation.
I have another flat in which I am residing with my family. Both of my flats are loan free.
I am not availing any tax benefit on the occupied property, my question is, is it possible to claim the benefit on the maintenance of the self occupied property, anyways i am spending on the maintenance of the flat. I am also not availing any tax benefit on rent for me since I am residing in my own flat.
Please advise.