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assessment of a single residential house with two floors.

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(Querist)
27 March 2010 how will income from house property be assessed if an assessee has only one residential house of two floors and both are self occupied.will one floor be deemed to be let out and will it be chaargeable to tax on the basis of gross annual value.
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megha

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megha (Expert)
27 March 2010 A house property with two floor is treated as one house only. No there would not be any deemed let out .
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CA Ashok Kumar Sahu

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CA Ashok Kumar Sahu (Expert)
27 March 2010 agree with expert
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