Property Tax Deduction for Let-Out/Self-Occupied


Hello -

I need your help on residential property tax.

In June 2024, I paid property tax on two flats - one self-occupied, second rented out
For both properties, I paid property tax in lumpsum in June 2024 (for 3 years - from FY 21-22 to FY 23-24). 

Can I take deduction for the lumpsum amount in my tax filing for FY 23-24?
Can I take this deduction for both properties - self-occupied and rented?

Kindly provide guidance so I can complete my taxes correctly in next few days.

Thank you!

Replies (1)

For SOP no deduction under new regime, under old regime if there is no home loan, again no.

For let out property, take deductions on pro-rata basis.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 20 October 2026
CA ARTICLE

AMKN & CO

Noida

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
Featured 29 October 2026
Accounts Executive

Synergy Keystone

Chennai

B.Com

View Details
Company
28 October 2026
Assistant Director/ Associate Director-Finance & Accounting

Krea University

Chennai

CA

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details