Please help me in matter ; I have 3 residential house properties;
1 in noida purchased in 2013 by own sources and2 in delhi purchased in 2008 and 2010 respectively. both properties in delhi purchased by home loan. All properties purchased on circle rate and all proof of transaction is available with me.
But issue is due to lack of knowledge i shows only one property in ITR since 2008 which is my I property and self
occupied, another two properties never shown in ITR except one I property which home loan interest
benefit also availed by me. yet second property of delhi also eligible for home loan rebate but due to
lack of knowledge i never shown it in ITR. now i want to rectify my mistake then what is remedy for
me. both properties which is not shown in ITR was on rent without agreement to tenant and rent was in
cash. but properties now is vacant.
sir please help me how can i pay deemed rent of previous years and may i get home loan interest benefit on deemed rent which not sown in ITR. if any how is it possible please guide me to resolve this issue.i regularly file ITR 1 as being a salaried person on the basis of form 16 issued by employer. till now my all ITR has processed well and i got not any notice from tax authorities. this issue i want to resolve/disclose on volunteer basis.