I own two houses. One is a farmhouse that I visit on weekends and the other is in the city that I and my family live in. Is it correct to treat both these residences as self-occupied?

I own two houses. One is a farmhouse that I visit on weekends and the other is in the city that I and my family live in. Is it correct to treat both these residences as self-occupied?

No. In such a case, one of the houses of which the income is higher as compared to the other, shall be treated as a self-occupied house, while the other would be treated as a deemed let out. For the latter, the annual value shall be taken as the higher of the municipal value and the amount of rent it is expected to yield.