House property income

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
16 August 2015 Having two houses in same city. Portion of first house is self occupied and the other portion is let out.
In the second house my married daughter is staying with her family.
So shall I treat the second house as Deemed to be let out and show the rental income?

Please clarify.

16 August 2015 Yes you need declare second one as deemed let out and require to pay taxes...



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries