Can be anything, either self occupied or both rented!! If the net income over the interest paid is less for (both/all) the houses (after adjustment of rent/deemed rent), earlier it was totally adjusted against other incomes, but now it is proposed to be capped at 2 lakhs (totally, for both the properties , in your case). Rest of the loss will be carried forward.
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Loss on house properrty
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Can be anything, either self occupied or both rented!! If the net income over the interest paid is less for (both/all) the houses (after adjustment of rent/deemed rent), earlier it was totally adjusted against other incomes, but now it is proposed to be capped at 2 lakhs (totally, for both the properties , in your case). Rest of the loss will be carried forward.
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