Purcahse propery outside india

This query is : Resolved 

28 February 2022 wish to purchase residential property outside india , how it will show in balace sheet and prpoerty will give in rent . so please how to show transaction in books of account

01 March 2022 Declare it under Investment head.
For Resident Indian, rent income would be taxable in India. Credit it to rental income.

01 March 2022 i am receiving already receiving rent from two property but one is sop and one is commercial which is vacant ,, so how to show rent on vacant propery


01 March 2022 If it is vacant, how can you receive rent over it?
Declare it as Self Occupied (though vacant).



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