Poonawalla fincorp
Poonawalla fincorp

Income from second house property

This query is : Resolved 
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(Querist)
06 July 2019 dear expert,
Is there any tax on the second house which is not rented out at all. if yes what is the method
of calculation of income tax.
kindly help me
tks in advance
mahadevan
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
07 July 2019 Second house property will be treated as 'Self-occupied property', if it is not let out.

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