My brother has got two houses (both loan from banks). He is occupying one house and one is let out. Can he enjoy the loss on housing proerty for both the houses i.e. self-occupied(Loss around Rs.2.5 lakhs but IT EXEMPTION OF Rs.1.5 lakhs) and the let out property(3.5 lakhs) i.e. Rs.1.5 + 3.5 lakhs = Rs.5.00 lakhs.
Menu
Loss on housing property
Replies (3)
Yes thats correct. there is a cap of 150000 on interest relation to a sop only
I think on both the Houses full deduction can be claimed.
yes you are correct
Recent Topics :
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
Related Topics :
CAclubindia
