Income from house porperty

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
24 March 2018 An individual has one house property which is let out to two tenants during the whole
financial year and is also used by assesse for his occupation.

Query is: Whether in computation of income from house property, whether rental income earned
has to be shown in consoldiation from the two tenants

or

It may be separately shown for each tenant having the same property address


Please note that rent has been received from each tenant which is less than Rs. 1 lac
i.e. total sum received is 1.9 lacs

25 March 2018 You can show rent consolidated, no need to show rent separately, if multiple houses let out you can show separately.

Avatar

Expert : Anonymous

Profile Image
Expert : Anonymous (Expert)
25 March 2018 Yes... If it's one house property (like Door number) then you can declare consolidated values.

26 March 2018 You have to decalre rental income consolidated as there is single House Property.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
ARTICLESHIP 08 July 2026
Articles

AJAY SINGH AND CO LLP

Thane

CA Final

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details