Hi,
Pls give ur openion
Jeet Biswas
(ACMA (in Service))
(5073 Points)
Replied 29 September 2008
only 1 house can b shown as self occupied. the other one will b deemed let out.
Yes, you can avail the Deduction for Interest on Loan in both the cases.
CA Rachit K Patel
(Chartered Accountant)
(1503 Points)
Replied 29 September 2008
its as per assessee choice which he wants to consider SOP, than other will be considered DLOP.
CA Manasa
(CA)
(1479 Points)
Replied 29 September 2008
Its assessee choice only .......... As a CA u need to advice him on the benefit he get on each house if considered as SOP and DLOP.....so that he can avail the max tax benefit..