How to claim income tax benefit on combination flat having single home loan ?

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How to claim income tax benefit on combination flat having single home loan ?

I have purchase two 1 BHk flat and combined them into single flat with 3 room, hall and 1 kitchen. Two sale deed and two registration are there for flat. I have single home loan for both the flat.Can it be considered as my first home for income tax benefit? I am using the flat for my residential purpose. How to claim income tax benefit for home loan?

Profile photo of madan Asked By: Anonymous 1 replies 1 helpful answers Last Updated: 5 months, 2 weeks ago
  • Profile photo of madanAnonymous

    I have purchase two 1 BHk flat and combined them into single flat with 3 room, hall and 1 kitchen. Two sale deed and two registration are there for flat. I have single home loan for both the flat.Can it be considered as my first home for income tax benefit? I am using the flat for my residential purpose. How to claim income tax benefit for home loan?

  • Profile photo of Rimal AjmeraRimal Ajmera
    Moderator

    Thank you for the question. You can claim your housing loan interest on your tax return as self occupied property.

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