Income from house property

Hi,

When employee and her family live in the house. Will it qualify to be her ‘income from house property’ and what would be income from house property?

2 Likes

It is possible only the Joint borrower of the property, the employee can claim 100% after submitting the Joint declaration form. Other than that is not possible family member housing loan with employee IT.

2 Likes
Powered by | India's No.1 Payroll and HR Software.
9000+ Clients
150 Cities
10 Lakh+ Users