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Newly purchsed flat given on rent, will it taxable as IFHP?

This query is : Resolved 
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(Querist)
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.
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CA Punit

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CA Punit (Expert)
20 February 2011 yes.. u r right
rent income from flat will be IFHP
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Guest

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Guest (Expert)
20 February 2011 Agree with Mr. Puneet.
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