To declare your share of a jointly owned property in section 24, perform the following actions:
- Navigate to Salary > Proof of Investment. The Proof of Investment page opens.
- Under POI Components, left-click Income/loss from House Property. The form opens.
- Under Income from Self-Occupied Property select Property Jointly Owned.
- Under Employee Share in % text box, enter the share you own in the property. The application automatically calculates the Employee Contribution and Co-owner Contribution. In the Co-owner Name text box, enter the name of the property's co-owner.
- Click Save to save the details.
Related Links:
- Video - To watch the videos on the ESS portal, click here.
- FAQs- To read more FAQs about the ESS portal, click here.