Income from house property
This query is : Resolved
Ashish Saboo
(Querist)
10 February 2015
Sir,
I Have 2 property, one is rented and the other one is vacant & under construction. The ITO wants to charge a notional rent on Under construction house property.
Pls help to avoid the taxability with case law & Sections
I Have 2 property, one is rented and the other one is vacant & under construction. The ITO wants to charge a notional rent on Under construction house property.
Pls help to avoid the taxability with case law & Sections
CA Hardik Bunha
(Expert)
10 February 2015
Yes, It is liable for notional rent.
Dhirajlal Rambhia
(Expert)
03 October 2021
Without possession? how the rent be derived from a property which is not livable?
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