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Income from House Property

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 July 2010 CAN A TAXED PAID TO LOCAL AUTHORITIES CAN BE CLAIMED AS DEDUCTION WHEN THE PROPERTY IS UNDER SELF OCCUPIED (BANK INTEREST IS THERE IN BANK BORROWING FOR DEDUCTION IS BEING CLAIMED)?
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Shudhanshu Agrawal

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Shudhanshu Agrawal (Expert)
21 July 2010 No...as NAV of a property can not be negative.

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