House property

Batul (Article assistant) (207 Points)

26 May 2012

If there is a COMMERCIAL property that is lying vacant is it deemed to be let out??

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5 Replies

ashish gupta ( student) (1922 Points)
Replied 26 May 2012

I think yes as it satisfies the condition of section 22.

PRITAM JAIN, CA , CS (Practising CA CS) (398 Points)
Replied 26 May 2012

Ashish is absolutely right.....

Darshan Thakkar (Article Student) (100 Points)
Replied 26 May 2012

yup surely

Venkateswara Rao Sapare (Accountant) (1500 Points)
Replied 26 May 2012

If the property is lying vacant, it is not deemed to be let out.

(Guest)

if the property is lying vacant , then it is not to be considered as deemed to be let out

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