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)

CA CS Amit S. Kedia

CA CS Amit S. Kedia (Expert)
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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.

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