i have a rental property. vacant for 5 months and rented for remainder of the year for 50,000 per month.
Schedule HP question:
a) Annual letable value / rent received = is this value 50,000 * 12 ??
b) amount of rent that cannot be realized = 5 * 50,000 ??
response appreciated .....
You should simply take 50000*7 as Annual lettable value/ rent received
There is no rent which is not realised hence it should be nil
T R SOOD & CO
New Delhi
CA Inter
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
CAclubindia
