Income from house property 2
This query is : Resolved
SANJAY KUMAR AGARWAL
(Querist)
14 September 2011
If X has one House property self Occupied & 2nd one was vacant through out the year:
1.Is is required to assess the 2nd house property as let out , necesserely
2. Can he take the plea that since the H.P was vacant during the year it should not be assessed at let out.
1.Is is required to assess the 2nd house property as let out , necesserely
2. Can he take the plea that since the H.P was vacant during the year it should not be assessed at let out.
CA Rajeev Bansal
(Expert)
14 September 2011
1) Yes, It is required to assess the 2nd house property as let out
2) You can take the benefit of section 23(1)C OF THE INCOME TAX ACT 1961
2) You can take the benefit of section 23(1)C OF THE INCOME TAX ACT 1961
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Form 144 TDS Return Validation Error – Mandatory Fields
- LLP audit and disclosure
- Applicability of tax on invoice
- Form 144 TDS Return Validation error
- TDS- 2026-27 Q1 Correction
- Rent agreement of House of deceased person
- Advances to related party
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
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
