Deemed rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
15 July 2014
Dear Friends,
Don't you think that deemed rent should be held void? When there is no income where arises question of tax on the basis of deemed rent?
Dear Friends,
Don't you think that deemed rent should be held void? When there is no income where arises question of tax on the basis of deemed rent?
Sandeep Dharar
(Expert)
15 July 2014
As per me it is correct, coz there r many people who doesn't have house to live. So y leave house vacant. And a vacant house is not an earning source. So it is a loss for the Economy. Thats y IT is applicable on the property.
But as per individual point of view(tax payer) it is incorrect.
But as per individual point of view(tax payer) it is incorrect.
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