Dear Members,
One of our client has purchased a co-ownership flats along with brothers
(brothers are coowner) now one of the brother(B) has already 1 flats in his name
& he is living in it & other reside in coownership flat now my ? is that brother(B) will be
liable for tax on deemed income of the property as he is havng two flats in his name
With Regards,
Amit
CAclubindia
