Let out value of house property
This query is : Resolved
13 March 2016
Sir,
I am constructing a house which was completed in january, the interest paid during the year is 265000 which is post acquisition int as per House property computation.
I received a rent of 15000*3=45000 for jan to march, what will be my house property loss for the year 15-16.
If Municipal value, Fair rental value are 1,50,000 and 2,40,000 for year respectively.
I am constructing a house which was completed in january, the interest paid during the year is 265000 which is post acquisition int as per House property computation.
I received a rent of 15000*3=45000 for jan to march, what will be my house property loss for the year 15-16.
If Municipal value, Fair rental value are 1,50,000 and 2,40,000 for year respectively.
Amol S Joglekar
(Expert)
13 March 2016
For let out property, you can claim the actual loss (without any limit)
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