Property (one) Bearing Municipal No. 60 (Residential House, in occupation of the owner)
No portion of it has been let-out or no financial benefit was derived
Property (Two) Bearing Municipal No. 7/201/2-3 which consists as following:
Residential Portion (House) Ist Floor, Bearing Municipal No. 7/201(in occupation of the owners) No portion of it has been let-out or no financial benefit was derived
7/201/2 (half) Ground Floor, shop in possession of owner used as garage.
7/201/2 (half) Ground Floor, shop let-out
7/201/3 Ground Floor, shop in possession of owner.
Query (A) Can we show the properties in following manner in the ITR.
1. 60 and 7/201 (as it is part of property no. 7/201 /2-3 which is allowed in condition No.23 ( 2) as self occupied properties (Residential Houses)
2. 7/201/2 (half)—let-out
3. 7/201/2 (half) deemed to be let out
4.7/201/3 deemed to be let out
Query (B) Part of house 7/201/2 (half) has been let –out, Will it impact on the claiming the property no. 7/201 as self occupied as mention in condition no 23( 3 ) though no portion of property no. 7/201 has been let-out.
Query (C) Can the selection of self-occupied properties be changed from one previous year to next previous year in case of multiple properties. If yes, then mention the section.