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Income from hp

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(Querist)
17 April 2012 if one house owned by co-owner( say A&B). & another house purchased by co-owner say (A&C) den will A get both houses as SOP?
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CA. Sameer Kashikar

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CA. Sameer Kashikar (Expert)
18 April 2012 Dear Jugal,

Only one house according to assessee’s choice is treated as self-occupied. In respect of all other houses, even though self-occupied, notional income will have to be computed (i.e. It will be treated as DLOP)
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C A S.S.Agarwal, M.Com.,LL.B,

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C A S.S.Agarwal, M.Com.,LL.B, (Expert)
20 April 2012 To some extant I agree with the expert




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