What is the meaning of self-occupied property (SOP)?

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A self-occupied property is the one which is used by the person for his own residential purpose. If the person owns more than one self-occupied property, ... Skiptocontent Whatisthemeaningofself-occupiedproperty(SOP)? HomeFAQsWhatisthemeaningofself-occupiedproperty(SOP)? Aself-occupiedpropertyistheonewhichisusedbythepersonforhisownresidentialpurpose.Ifthepersonownsmorethanoneself-occupiedproperty,thenonlyonepropertywillbetreatedasself-occupiedandtheotherwillbeconsideredasthepropertywhichisdeemedtobeletout.Accordingly,incomefromhousepropertyshallbedeterminedforboththeseproperties.



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