Income from House Property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2011
Mr X and Mrs X co-own a flat (50-50). It has been shown as self occupied in their Returns of AY 2009-10.
On 1.10.2009 , they jointly (50-50) purchased another flat by taking loan from a bank.
Mr X has opted the new flat as to be his self occupied, however, due to certain renovation work, he could not reside in the new flat.
Please suggest Mr X & Mrs Y, how to show these flats in their returns for the AY 2010-11?
On 1.10.2009 , they jointly (50-50) purchased another flat by taking loan from a bank.
Mr X has opted the new flat as to be his self occupied, however, due to certain renovation work, he could not reside in the new flat.
Please suggest Mr X & Mrs Y, how to show these flats in their returns for the AY 2010-11?
04 January 2011
Mr. X can show new flat is self occupied. and Mr Y can show as self occupied old flat.
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