Taxation on vacant apartment for a part of the year

Sanjeev (Tax Payer) (116 Points)

29 August 2019  

Dear All,

I've a query on the 2nd apartment that I own. I already have a self-occupied one apartment.

I got the registration of my 2nd apartment done, in the 3rd week of December 2018.

Since that time, it is lying vacant. No interior work (like woodwork and other civil work) is done for that apt.

The rentals in that area are very low, and hence I thought of not investing anymore in the interior works of the apt.

How do I deal with the taxation (income tax) regarding this apartment, which is lying vacant for almost 3 months ?

 

This query is for AY 2019-20, for which the ITR filing deadline is after 2 days.

 

Please help.