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Rental income deduction

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91 Points Posted on 14 July 2023
I have purchased 2nd flat on bank loan and rented out my first flat. my qurries is can I deduct the rental income of my first flat from my 2nd flat loan intrest
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On 14 July 2023 at 11:15 Report
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SEO Sai Gr. Hosp.
211585 Points Posted on 14 July 2023

No. not possible.

But the over all effect will not be very different while filing Schedule HP. 

581 Reply
On 14 July 2023 at 11:30


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