House property

This query is : Resolved 

17 June 2015 A private company have 4 House properties and not used for Business Purpose. All properties Vacant During whole FY. Is Any income Arise from house property for Company ?

18 June 2015 Yes notional rent has to be offered and the claim for vacancy allowance can also be made

22 June 2015 Agree with Srinivasan Sir.




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