afreen shaikh (167 Points)
25 July 2016I OWNED ONE PROPERTY AND I HAVE CLAIMED HAR EXEMPTION . SO SHOULD I TREAT THE OWN HOUSE AS DEEMED LET OUT?THE BOTH HOSUSE ( RENTED AND OWN) HOUSE IS IN THANE. AND WORK PLACE IS IN MUMBAI.
IN OWN HOUSE PARENTS LIVE
AND IN RENTED CLIENT WITH HIS WIFE & CHILD.
Rahul Ranjan
(Student)
(22 Points)
Replied 25 July 2016
Better use this tool to calculate hra https://www.hracalculator.in/
If you own the house and getting any rent then it will be treated as income i guess.
Udgam Koomar
(Tax Technologist)
(1949 Points)
Replied 25 July 2016
just one house can be treated as self occupied but if u claim hra its a different matter
CAclubindia
