Income from house property

Direct Taxation

In the rtp may 2020 , how is this interest full deductible? Won't 1/4th pertain to the self occupied property?

Swathi Krishna

CA Final

★ 8K+

28-Oct-20 13:46

1K+

Answers (6)

Part period let out is as good as full period let out.

CA Suraj Lakhotia

Admin

28-Oct-20 17:47

Why sir?

Thread Starter

Swathi Krishna

CA Final

★ 8K+

29-Oct-20 09:25

Anyone we will get the deduction in respect of both rite

Thread Starter

Swathi Krishna

CA Final

★ 8K+

29-Oct-20 09:26

Thread Starter

Swathi Krishna

Anyone we will get the deduction in respect of both rite

Anyway*

Thread Starter

Swathi Krishna

CA Final

★ 8K+

29-Oct-20 09:26

Not that way. When a property is let out for part period, and self occupied for part, it is considered as let out for full year.

CA Suraj Lakhotia

Admin

29-Oct-20 10:04

K sir

Thread Starter

Swathi Krishna

CA Final

★ 8K+

29-Oct-20 14:57