income from house property

CA., CS. swati agarwal (Sr Manager-Accounts) (108 Points)

07 January 2010  

helo!

where an assessee has more than one house property and one is let out and the other could not be occupied then the value of that unoccupied HP is taken as NIl u/s 23(2)(b). However,

is there any criteria regarding the purpose of non occupation of such house other than for want of business, profession or employment as referred to in the above section?

does the property where the assessee resides at his place of employment, business or profession needs to be a place other thn his owm or his of relatives?