House property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2012
If a house contain 2 floors as self occupied and 2 floors as let out, then how the income will be computed under house property?????(make suitable assumptions)
24 December 2012
2 Floor means what?? It means there are 2 houses 1 on each floor or there is only single house combining two floors.
If there is one house on each floor then-
2 houses let out will be taxble under house property and 1 house out of self occupied will be treated as deemed to be let out and deemed rent would be taxable under house property.
If there is one house on each floor then-
2 houses let out will be taxble under house property and 1 house out of self occupied will be treated as deemed to be let out and deemed rent would be taxable under house property.
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24 December 2012
I agree with Amit Kedia Reply
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