Income from house property
This query is : Resolved
18 July 2012
I was living in a rented house in last year 2011-12. in the same year I got construction a house, it completed on 30-09-2011.after that from my own house I started getting rent. on the other side i was paying rent for rented house. what will b taxability under HRA and what will be annual value of my own house,, pls respond
18 July 2012
you can claim deduction u/s 10(13A) for your rented house and on the other hand, you can computer your income from house property as the procedure laid in the sections 23 and 24 of the IT act
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