sir,
i have one resident property and one shop (vacant)
should i consider both property as a nil under house property income or mandatory to show one property under deemed income.
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House property income querry
Replies (4)
We can show two properties as self occupied, so you don't need to show deemed income
Thank you sir, can i claim deduction on shop loan interest u/s 24
If the loan is for shop then its interest is debited in your profit and loss account and it is not claimed u/s 24
Thanks sir
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