24 July 2012
I am a salaried person. i have my owned house in my name. I have purchased a second residential property for investment purpose. The second property is lying vacant. Please let me know is it compulsory to show income from my second property which is lying vacant and purely for the purpose of investment.
If i treat it Deemed let out property then pls let me know the valuation of rent. Purchase date 30.11.2011, city Delhi.
CAclubindia
