Easy Office
LCI Learning

proprietor

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
25 March 2010 Respected CCI Member.

My Pricipal is said that if a proprietor wants to show the residential house property and personal invesment in balance sheet then he can do so and also said that if that proprietorshow above residential in balance sheet then he can also claim house property as self occupied for interest payment.

But if partnership firm show above residential then they can't claim as self occupied.

Is this true?

Thanks in advance
Profile Image

CA Ashok Kumar Sahu

Profile Image

CA Ashok Kumar Sahu (Expert)
26 March 2010 yes, agree

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Live Budget News and Updates

Trending Online Classes

view all classess


Answer Query



Quick Links