https://www.slideshare.net/divinvarghese/income-from-house-property-new-2008-09-assessment-year-presentation
Rajendra Nath Datta
(0)
(101 Points)
Replied 06 March 2010
https://www.slideshare.net/divinvarghese/income-from-house-property-new-2008-09-assessment-year-presentation
CA Anshu Agarwal
(B€ @LW@¥$ ]-[@Pp¥)
(1832 Points)
Replied 06 March 2010
notes for Income From House Property-
this file may be useful.
Dhruvesh Shah
(partner)
(443 Points)
Replied 11 March 2010
Originally posted by : anshu agarwal | ||
notes for Income From House Property- this file may be useful. |
CA Anshu Agarwal
(B€ @LW@¥$ ]-[@Pp¥)
(1832 Points)
Replied 11 March 2010
Originally posted by : Dhruvesh Shah | ||
Originally posted by : anshu agarwal notes for Income From House Property- this file may be useful. So Anshu it is 31/03/2008 only na? |
na,
when compeleted on 31-3-2008, preconstruction period shall be up to 31-3-2007
Dhruvesh Shah
(partner)
(443 Points)
Replied 12 March 2010
Originally posted by : anshu agarwal | ||
Originally posted by : Dhruvesh Shah Originally posted by : anshu agarwal notes for Income From House Property- this file may be useful. So Anshu it is 31/03/2008 only na? na, when compeleted on 31-3-2008, preconstruction period shall be up to 31-3-2007 |
But Anshu In Case if it is 01/04/2008 then it will be 31/03/2008. It is just the difference of 1 day. Can u giv me cross refrence of any case?
CA Anshu Agarwal
(B€ @LW@¥$ ]-[@Pp¥)
(1832 Points)
Replied 12 March 2010
no doubt, when construction is completed on 1-4-2008, the pre-construction period shall be upto 31-3-2008.
difference of one day will count the pre-construction period one year more.
Rajat Singhal CA,CS,CFA
(Senior Manager (F&A))
(254 Points)
Replied 12 March 2010
Money may be borrowed prior to the acquisition or construction of the property.
In such a case, the period commencing from the date of borrowing and ending on the date of repayment of loan or on March 31 immediately preceeding the date of acquisition or completion of construction, whichever is earlier, is termed as the pre-construction period.
Therefore, in this case preconstruction period completed on 31/03/2008.
Thanks & Regards
Rajat