Income from house property 2
This query is : Resolved
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.
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
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