House expenses allowed both status
Kollipara Sundaraiah (B.com) (2963 Points)
19 October 20211.house expenses rs:2 lacs in individual status
2.house expenses rs:1 lacs in huf status
question:
house expenses both status allowed in it act.
Kollipara Sundaraiah (B.com) (2963 Points)
19 October 2021
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(171239 Points)
Replied 19 October 2021
Its not available for house expense.
The deduction is available u/s. 24(b) for house loan interest deduction.
If both have separate houses with loans over it, then both can claim.
DRSR Dwarampudi Raja Surendra
(2 Points)
Replied 20 October 2021
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