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Income from house property

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(Querist)
28 June 2012 Me & My Mother owns a flat both jointly in our name and receiving rent thru chq in joint bank A/c. I want to know whether my Mother show full amount received as Income in her ITR and I did not show any rental income or we both need to show rental income.
It possible plz let me know the procedure.
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
28 June 2012 Both the co-owners have to show their respective share of rental income in their returns.
Divide the rental income in proportion to the ownership.
.
Each person will get 30% Standard Deduction out of his/her Net Annual Value (Rental Income.
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