House property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
11 September 2013
if the assessee has one self occupied property and his parents are living in another self occupied property so will both house property will be treated as self occupied in the hands of assessee?
11 September 2013
No. only one self occupied house can be claimed under house property
11 September 2013
Agree with expert,
Another house will be treated as let house,
Only one house will be treated as self occupied.
Another house will be treated as let house,
Only one house will be treated as self occupied.
12 September 2013
Yes. Any one house can be taken as self occupied. The choice is left to assessee. The other house will be assumed as "deemed let out property"
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