News & Media 12th Feb 2025

Tax relief for homeowners with two houses: You can now show both properties as self-occupied to avoid notional rent on the second house

Authors

Dipesh JainPartner | Mumbai

Latest Thought Leadership

Alerts & Updates 19th Mar 2026

‘Voluntarily’ provided personal data: How far can you go?

Read More
Alerts & Updates 18th Mar 2026

New Marking Requirements for Handlooms: Key Features and Implications for Stakeholders

Read More
Alerts & Updates 17th Mar 2026

SEBI issues a new framework for borrowings by mutual funds

Read More
Alerts & Updates 17th Mar 2026

Pension Fund Investments in SEBI-Regulated AIFs

Read More

The Budget 2025 offers major relief for homeowners with multiple properties. Now, individuals can claim two properties as self-occupied, eliminating notional rent taxation. This reduces tax burdens and encourages real estate investment, especially in Tier-2 and Tier-3 cities.

In this context, Dainik Bhaskar’s recent story, “Tax relief for homeowners with two houses: You can now show both properties as self-occupied to avoid notional rent on the second house” features our Partner Dipesh Jain’s insights.

Link to the story and interview here

Privacy Policy

As per the rules of the Bar Council of India, lawyers and law firms are not permitted to solicit work or advertise. By clicking on the "I Agree" button, you acknowledge and confirm that you are seeking information relating to Economic Laws Practice (ELP) of your own accord and there has been no advertisement, personal communication, solicitation, invitation or any other inducement of any sort whatsoever by or on behalf of ELP or any of its members to solicit any work through this website.