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Income under Housing

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28 July 2009 Hi I am working in Gurgaon. Following are details of my case:

1) Have a property in Noida: Which i havent occupied on account of employment ( which is in Gurgaon). I propose to treat it as deemed to be self occupied.

2) Have a property in Delhi: This is situated in Mayurvihar. I propose to show this as let out.

3) I personally stay in delhi as well but since the flat i stay in is bigger in size as what i require i have taken this flat on rent. Hence claim the HRA.

What i want to know is that:
1) If i can treat the Noida property as deemed to be self occupied
2) If my flat in Mayur vihar: i can show the income and claim the actual interest paid on it against it

Also claim an HRA for my present rented accomodation which is in Delhi.

29 July 2009 Hi Ruchika,

the proposal you have made is acceptable but the dedcution of interest from your Delhi flat will be restricted to Rs. 30,000/-.

29 July 2009 Agre with expert. Interest upto Rs. 1.50 lacs is allowable u/s. 24.




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