Taxes Income Taxes

More than one House Property Self-occupied (Sec. 23(4):

More than one House Property Self-occupied (Sec. 23(4):
  1. One property at the option of the assessee treated as self-occupied and income shall be computed as in the case self-occupied property kept vacant
  2. For all other properties self-occupied, income shall be calculated as deemed let out.
  3. The assessee can choose an option which will have lower taxable income that may be computed as follows:
  4. Illustrative presentation for 2 properties self-occupied:

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