Deemed let out property
This query is : Resolved
24 July 2012
urgent:
Please let me know is it compulsory to show income from my second property which is lying vacant and purely for the purpose of investment.
If i treat it Deemed let out property then pls let me know the valuation of rent. Purchase date 30.11.2011, city Delhi
Please let me know is it compulsory to show income from my second property which is lying vacant and purely for the purpose of investment.
If i treat it Deemed let out property then pls let me know the valuation of rent. Purchase date 30.11.2011, city Delhi
05 August 2012
Why you have purchased in your name it should have been purchased in the name of your wife or your HUF.
If the property was previously let out then it is to be calculated. If it is vacant then you can show as self occupied
If the property was previously let out then it is to be calculated. If it is vacant then you can show as self occupied
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Rent lease agreement
- Liable to deduct tds and 44ADA
- Relief u/s Section 89
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- TDS Challan Code
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
