House property

This query is : Resolved 

25 February 2013 the house property has been completely vacant during the year.do we need to take any notional rental income for tax purposes...?
thanks in advance

25 February 2013 Any Other HP Owned ?

26 February 2013 If it is for the purpose of self occupation then no notional rent income shall be considered.

If it is second(third or etc....) house property, notional rent income shall be considered.You may also get the benifit of vacancy period loss, If house is vacant during the year.




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