Income from House Property?

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

20 June 2011 One has two house propery. One is self occupied and another vacent. How to compute Income from House Property ?

CA PARAS BAFNA (Expert)
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20 June 2011 Show the vacant house as Let out Property and claim vacancy allowance of full 12 months as if no tenant wants to live in "One's" house.

CA Harish Suwalka (Expert)
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20 June 2011 for self occupied : NAV will be taken as nill,

for Vacant : it will be treated as "deemed to be rented.let out.

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