Guide topic · 3 guides
Tax on rent received, self-occupied and let-out property, home loan interest, municipal tax and how to report house property income.
Rent from a house is taxed under income from house property. Subtract municipal taxes, take a 30% standard deduction and deduct home loan interest. A self-occupied house has nil annual value. Here is how each case works, with an example.
3 min readUpdated 26-Oct-2026
Rent is taxed under 'income from house property'. You deduct municipal tax, then 30% of the annual value, then home loan interest. Learn the steps, how a self-occupied house and a rental loss are treated, and which ITR to use.
4 min readUpdated 26-Oct-2026
A house you live in has nil taxable value but limited home loan interest relief. A house you let out is taxed on its net annual value with a 30% standard deduction. See how each is worked out, the loss limits and how the regime changes things.
4 min readUpdated 26-Oct-2026
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