Receipt of rent from children won’t change let-out property to self-occupied for Sec. 24(b) deduction

INCOME-TAX : Where assessee claimed deduction of interest on borrowed capital against rental income of house property, however, Assessing Officer finding that assessee was charging rent from his own son and daughter and, thus, treating house property as a self-occupied property, restricted claim of interest under section 24(b) to a particular amount, in view of fact that both daughter and son were financially independent and, as such, instead of transfer of funds to assessee per se, regarded,

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