Pradeep Patankar (IFRS ( London)) (289 Points)
14 July 2011Assessee is having the 4 House Properties.
one Self occupied and other 3 letout.
| 2nd | 3rd | 4th | |
| Rent p.m. | Rs.6500 | Rs.4500 | Rs.9000 |
| Vacant for | 0 Months | 8 Months | 12 Months |
| Rent Received | 78000 | 18000 | Nil |
What will be the GAV of above House properties ????
Specially of 4th property which ramained vacant for whole year....
hitesh
(Telecom Industry)
(169 Points)
Replied 14 July 2011
the question posted is wrong.. if properties 2 & 3 are let out for 12 months each, how can they be vacant for 8&12 months respectively...
Pradeep Patankar
(IFRS ( London))
(289 Points)
Replied 14 July 2011
thank u Mr.hitesh....
u r very inteligent...
the reason for giving such detail is just for that the property is letout for the whole year...and not self occupied nor costracted in any time during the year....
hitesh
(Telecom Industry)
(169 Points)
Replied 14 July 2011
see in red to understand your mistake before replying to others..
| 1 | 2 | 3 | |
| Rent p.m. | 6500 | 4500 | 9000 |
| let-out for | 12 Months | 12 Months | 12 Months |
| Vacant for | 0 Months | 8 Months | 12 Months |
| Rent Received | 78000 | 18000 | Nil |
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 14 July 2011
@ hitesh
dont waste time on such quaries
he dont know meaning of "let out/ vacant/self occupied" but busy to post something
he mentioned the self occupied property also in let out for 12 months 
Pradeep Patankar
(IFRS ( London))
(289 Points)
Replied 14 July 2011
guys...
if u dont want to answer plz dont....
and Mr. U.S. Sharma..plz mind ur language...
CAclubindia
