Matter of house property
This query is : Resolved
Guest
Guest
(Querist)
09 November 2012
good morning sir,
my friend taken a home loan .he purchase a house his name .he did not lived in that house. he gives his house for rent.than sir in that case he will show rental income. but sir my question is that if he does not gives his house for rent.than in this case what will happen. sir he have only one house. which is his name.all process happen in same city.sir please reply
my friend taken a home loan .he purchase a house his name .he did not lived in that house. he gives his house for rent.than sir in that case he will show rental income. but sir my question is that if he does not gives his house for rent.than in this case what will happen. sir he have only one house. which is his name.all process happen in same city.sir please reply
CA. Brijesh Baranwal
(Expert)
12 November 2012
One house can be treated as self occupied.
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