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
- GSTR-1A How to update Invoice
- Excess salary payment.
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Stamp Paper for partnership firm change new income tax 2025
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- Regarding TDS Applicability For Director Remuneration
- SFT Cash Deposit in Current Account
- Annual return in Gst
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
