Newly purchsed flat given on rent, will it taxable as IFHP?
This query is : Resolved
20 February 2011
Dear Experts,
December 2010 i purchased a new flat for my self. But presently i m living in my father's flat. Flat purchased by me has been given on rent. will this rent income be taxable as income from house property?
Waiting for ur reply..
Thanks in advance,
Regards,
Sushil.
December 2010 i purchased a new flat for my self. But presently i m living in my father's flat. Flat purchased by me has been given on rent. will this rent income be taxable as income from house property?
Waiting for ur reply..
Thanks in advance,
Regards,
Sushil.
20 February 2011
yes.. u r right
rent income from flat will be IFHP
rent income from flat will be IFHP
Guest
Guest
(Expert)
20 February 2011
Agree with Mr. Puneet.
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