Income from house property
This query is : Resolved
30 January 2017
Can entire rent income be claimed by only one owner even if property is held by joint owners?
31 January 2017
No. Income to be offered by joint owners in proportion to the ownership.
31 January 2017
Example - If you have 40% share , then only 40% of total rent of the years received will be your income for that financial year and declare as per that in your ITR.
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