Rented house property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 June 2012 I have a residential flat in Pune but due to small space i have taken a Flat in pune on rent for residential purpose and let out my own flat on rent to another person. I have a query whether can i get any benefit of tax on rent which i have paid to the landlord. i.e. whether can be set off of rent paid and rent received ?

Ca Anand Dubey

Ca Anand Dubey (Expert)
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09 June 2012 one self occupied house is exempted. But you let out the house so please show it accordingly

Guest

Guest (Expert)

09 June 2012 IF you are a salaried person and you are getting HRA from your employer then you can get exemption for rent paid out of HRA received.

Regards

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