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House property & capital gain

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 October 2014 1. I have three house property.
one is self occupied 2nd is rented out 3rd is vacant.
3rd property is under loan and interest is rs.500000/- approx.
is the full interest is set off against rented out property.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
03 October 2014 each property is to be considered separately. the third property shall be considered deemed let out. Compute GVA for the same and then claim full interest deduction against this value
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 October 2014 yes agreed with above ans............
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