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House property income


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Querist : Anonymous

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Querist : Anonymous (Querist)
26 January 2018 I entered into lease agreement for 3 years and received amount of 5 lakhs which is to be refundable after lease agreement. Monthly i wont receive any rent. In this case how to calculate income from house property? Kindly reply

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Expert : Anonymous

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Expert : Anonymous (Expert)
27 January 2018 You can calculate rental value is Your IFHP. Balance is account as Advance



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