Please Help: Income tax query
Posted Date : 05-Sep-2011 , 06:53:57 pm | Posted By Rajiv Mittal
If there is a self occupied house property held jointly by 2 persons. The deduction of Rs. 150000.00 will be available to both persons individually or a total deduction of Rs. 150000.00 be available?
You had answered me that both the persons can claim deduction of Rs. 150000.00. But the ITO is not convinced. Can you give me the section no., case study and some theory matter regarding this. You can mail me the data on my email ID: rajivmttal@gmail.com.
I would be very thankful to you.
You had answered me that both the persons can claim deduction of Rs. 150000.00. But the ITO is not convinced. Can you give me the section no., case study and some theory matter regarding this. You can mail me the data on my email ID: rajivmttal@gmail.com.
I would be very thankful to you.
Category : Income Tax | Answers : 1 | Comments : 1 | Hits : 377
Answers
Answer By: Ashish Karundia
Dear Rajiv,
You can refer the judgment of http://taxpundit.org/ITRPDF/132ITR/132ITR642.pdf.
In case of any other help, please let me know.
You can refer the judgment of http://taxpundit.org/ITRPDF/132ITR/132ITR642.pdf.
In case of any other help, please let me know.
Comments
May I Help You.
06-Sep-2011 , 03:44:11 pmits u/s 26 of the Income Tax Act.