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Self Occupied House Property Taxation Reg
I am an individual I opt for benefits u/s 115BAC by exercising the option therein.Please clarify the annual value of my self Occupied House Property has to be taken into account as income u/s.115BAC.Please also clarify whether partnership Firms share income whether taxable u/s 115BAC.
Replies (1)
The annual value should be NIL under income from house property also u/s 115BAC.
Yes partnership firms are also taxable u/s 115BAC
Yes partnership firms are also taxable u/s 115BAC
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