House property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 December 2012
If a house contain 2 floors as self occupied and 2 floors as let out, then how the income will be computed under house property?????(make suitable assumptions)
24 December 2012
2 Floor means what?? It means there are 2 houses 1 on each floor or there is only single house combining two floors.
If there is one house on each floor then-
2 houses let out will be taxble under house property and 1 house out of self occupied will be treated as deemed to be let out and deemed rent would be taxable under house property.
If there is one house on each floor then-
2 houses let out will be taxble under house property and 1 house out of self occupied will be treated as deemed to be let out and deemed rent would be taxable under house property.
Message likes :
1 times
24 December 2012
I agree with Amit Kedia Reply
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
- Itr 1 processing
- Reporting Income under Section 44ADA
- Off Market debit and credit transaction
- ITR 2 Short Term gain & Long term gain
- ITR validation error - Balance sheet is not filled
- Short Term Capital gain on shares bought and sold after 2018 onwards
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- ITR returnFY25-26
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- ITR 1: Details for showing Exempt Income
- Registration as Authorised Representative of minor
- Article ship defecit
- Bank Accounts in Balance Sheet for ITR 3
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- 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
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
