deepak kumar srivastava (na) (281 Points)
03 September 2014MR. DEEP is the owner of a house Property it has been in his self-occupancy for residential purposes DURING 2013-14. He is transferred in February 2014 to the Nagpur Branch of the Company. He intends to allow his sister to occupy the house free of rent in his absence.
He seeks your advice in COMPUTING INCOME UNDER THE HEAD HOUSE PROPERTY FOR A.Y 2014-2015
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 03 September 2014
If it is free of rent, then no income u/h House property.
Pallavi
(CA)
(39 Points)
Replied 03 September 2014
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 03 September 2014
He has only one house in his name, why deemed let out......
The question is not mentioning that he has purchased a house in nagpur.
Shravan
(ipcc)
(28 Points)
Replied 03 September 2014
Pallavi
(CA)
(39 Points)
Replied 03 September 2014
deepak kumar srivastava
(na)
(281 Points)
Replied 03 September 2014
IT WILL BE APPRECIABLE IF U WILL GIVE REASON FOR SUPPORT OF UR ANSWER.
chandra prakash
(3rd year)
(26 Points)
Replied 03 September 2014
CAclubindia
