TMI BlogWhat will be the tax implications if a person occupies more than one property for his residence? Can he treat all the properties as self occupied (SOP) and claim gross annual value (GAV) as Nil?X X X X Extracts X X X X X X X X Extracts X X X X ..... s on Income from house property - Income Tax - Frequently Asked Questions (FAQs) - Income Tax - Manuals - Ans. The SOP benefit ( i.e., treating property as SOP and claiming GAV as Nil) is availabl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ase of Let-out Property. However w.e.f. Assessment Year 2020-21, a person can claim two properties as self-accupied house property. - Manuals - Ready reckoner - Law and practice - Refer ..... X X X X Extracts X X X X X X X X Extracts X X X X
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