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
12 November 2012
One house can be treated as self occupied.
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
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- TODAY INCOME TAX SITE IS NOT WORKING ANY OFFICIAL EXTENSION
- HOUSING LOAN ISSUE
- Carriage Road Act, 2007 read with Carriage by Road Rules, 2011
- Sec 44ada applicable only or both
- IS AUDIT MANDATORY IF COMMISSION INCOME IS MORE THAN 50 LAKH
- GST Rate for Catering Services
- Same demand raised for original as well as rectification request return
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
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
