Details of self occupied property

You just need to select the option self occupied property.

If you are not going to claim any interest expense for house property there is no requirement to provide details of house property.

Hi

No. You don't need to make any disclosure if there is no rental income in respect of such property.

Please note that 31st March 2019 is the last date to submit the return. Also, since it's a belated return, you need to pay late fees.

Dear Sir,

Hope you are doing well !!

No, you are not required to disclose details of self occupied property.

Although the Gross Annual Value and Net Annual Value for ONE self occupied house property is Nil. In case you take a loan to purchase or construct the self occupied property and such construction is completed within 3 years from the end of the financial year in which loan was taken – you can claim standard deduction under section 24 for interest on money borrowed. You will be allowed deduction for interest on the money borrowed . 

Hi,

If the self occupied property has no income generation for the filing year, then no need of disclosure anywhere.

Thanks

Damini.

Hi

Not mandatory to declare property that is self occupied.

Hi,

You do not need to disclose details of self occupied property in your ITR.