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Tax exemptions of house insurance on rental income calculation-reg

Others 327 views 3 replies
can I claim house insurance amt as tax exemption while calculating rental income of house apart from taxes(municipal)?
Replies (3)

NO; when the income assessed under 'IFHP'.

I don’ want to disappoint you, but you can’t. However, you still could try, even though it’s not very promising. Certain rules are related to the insurance sphere, and most depend on your state, region, and agency

Originally posted by : JarryPatyson
I don’ want to disappoint you, but you can’t. However, you still could try, even though it’s not very promising. Certain rules are related to the insurance sphere, and most depend on your state, region, and agency

So you should check all the laws considering that question, and I suggest you do it with a lawyer. It was a complicated process when I was changing my insurance agency for a house, but I found a good one on dwelling insurance. I hope my comment was helpful, and you’ll solve your issue


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