Income from house property
This query is : Resolved
15 July 2014
I have 2 house properties which are constructed for letting out purpose. one H.p is Let out And receiving rent and the 2nd H.P is Vacant for the Whole year. how Should i treat Muncipal Taxes Paid & Interest on housing loan. Please clarify the issue .
Thanks In Advance/.
Thanks In Advance/.
15 July 2014
loan taking for which house..........
15 July 2014
its an apartment and i am talking about 2 different flats. Loan Taken on Apartment .
15 July 2014
so on aprtment u took loan and then there is sep 2 hp?
15 July 2014
yes, amongst 2 H.Ps 1H.p is vacant through out the year . Can i claim interest and muncipal taxes paid on such flat proportionately.
15 July 2014
yes it is allowed if all hp ur showing under income from hp............
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
- Gst registered proprietorship firm
- Price inclusive or exclusive of GST while made entry in P& L Account
- TDS Challan - change of FY 2025-26 to TY 2026-27
- AUDITOR APPOINTMENT FOR THE YEAR ENDING MARCH 27
- Minimum tax payable to file Updated return
- Change Of Karta In Case of Death
- TDS on purchase of under construction property from a reseller
- SALARY CAN BE CAPITALIZE
- GST Intimation due to Government took possession of Business Premises under PPE Act
- UDIN ISSUE
- Non filing of I T Returns
- How to Handle Active E-Invoices in GST Portal Deleted from Tally?
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Starting trading business
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
