To be taxable income under the head House property,assessee should be the owner of the House property.What does it mean?Does it mean assessee should get the property registered in his name or even though registered in his name but possession is after a long time?In both cases is the assesse is said to be the owner of the house property under the head INCOME FROM HOUSE PROERTY? or Possession must be required to be a owner under this head?
House property
Swami Ayyappa Nuli (TAX ADVISOR & CONSULTANT AT G.S.T SUVIDHA CENTER) (1372 Points)
10 December 2013
CAclubindia
