Section 23(4)

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write the provision of section 23(4) of the income tax act 1961 related to deemed to be let out property
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As per section 23(4), if assessee owns more than 2 house property out of which he can consider one house property as self occupied property (i.e. for his residence) and the other property would automatically will be consider as let out property (i.e.given for rent). Taxable income will only will be calculated for property which has given for rent.


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