Tax Deduction Hacks
easy
low risk
Immediate
1 min read
Updated 2025-10-30
Two Properties Self-Occupied
No notional rent on second property from AY 2026-27
Potential Savings
₹1-3 lakhs annually
Time Required
Immediate
Complexity
easy
Legal Status
fully legal
Applicable to:
Resident
Property Owner
What is This Hack?
Declare both properties as self-occupied from AY 2026-27 to eliminate notional rent income on second property, saving tax on deemed letting
Key Benefits
- Potential savings: ₹1-3 lakhs annually
- Implementation time: Immediate
- Legal status: fully legal
- Risk level: low
Related Topics
property
self occupied
deemed rent
budget 2024