banner_ad

Provision of income from house property on rnor

This query is : Resolved 
Profile Image

Profile Image

(Querist)
19 August 2015 A PERSON HAS TWO PROPERTY, ONE IN AUSTRALIA AND ANOTHER IN INDIA. HE IS RNOR UNDER INCOME ACT. AS PER INCOME ATX INCOME FROM HOUSE PROPERTY, A PERSON WHO HAS MORE THAN ONE PROPERTY HAVE TO TAKE ONE PROPERTY AS "SELF OCCUPIED" AND OTHERS AS "DEEMED TO BE LET OUT".
SO WHETHER SUCH PROVISION ARE APPLICABLE TO THE RNOR ALSO?
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
19 August 2015 RNOR : Resident but not ordinarily resident
Such provisions are applicable.

One of the house properties in this case is situated at Australia, the income, if any, from such property is deemed to accrue and arise out of India and hence not taxable in India.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details