18 January 2013
Husband and wife both are salaried employees. Husband has a house and he is taking income tax benefit showing his house as self occupied. Wife has also a house in the same city. Can she take benefit of income tax showing her house as self occupied.
It means there are two houses one in the name of husband and one in the name of wife in the same city. Although husband and wife are residing togetherly but there is only one house in his(husband) and her (wife) name in the city. Kindly clarify mainly whether both the houses will be treated AS SELF OCCUPIED OR NOT.
Thank you very much for giving a reply in adance. Thanks.
CAclubindia
