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under what head should d income of the property taxed

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 December 2009 hello sir, plz let me know that if a company owes 2 building,one is used for business purpose n d other is left vacant and is not being used for any reason,can the company claim deduction of depriciation or it should b taxed under house property by charging notional rent..??
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CA Chandra Kishore Bajpai

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CA Chandra Kishore Bajpai (Expert)
03 December 2009 vacant property will taxable under house property
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CA Anand Sarda

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CA Anand Sarda (Expert)
10 December 2009 then where the is assessee is accomodated?
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