HOUSE PROPERTY DEMM TO BE LETOUT
This query is : Open
08 July 2009
ASSESSE HOLD TWO HOUSE PROPERTY. oNE FLAT IS SOLE OWNERSHIP & THE OTHER JOINTLY WITH WIFE. PLEASE SUGGEST WHETHER ONE OF THE HOUSE PROPERTY WILL BE TREATED AS DEEMED TO BE LET OUT? PLEASE QUOTE THE SECTIUON & CASE LAW IF POSSIBLE. THANKS
CA Tilak Raj Sharma
(Expert)
08 July 2009
In my opinion no need to mention it deemed to be let out as your wife is joint owner of the House.
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