Requirement of filing it return for a.y. 2015-16
This query is : Resolved
02 July 2015
I have received a house property from my father through a gift deed.Its the sole property in my name.Along with it I have income from savings bank interest and fixed deposite interest, for which I have submitted Form 15G.I have no other income except the aforesaid incomes.Whether I need to file Income Tax return for A.Y. 2015-16?If yes how to show the house property in IT return as its deemed self occupied?My father used to give income tax on the property till A.Y. 2014-15.Thanking you in advance.
02 July 2015
Yes Ritam ji , you need to file the return for this current assessment year as well as the property would be deemed let out if you have already other house in your name which is occupied by you
Message likes :
1 times
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
- About TDS & Income Tax
- Scrutiny and reopening of past returns
- Tax on Deemed Capital Gain
- Type of Capital Gain
- Regarding ITR filing with more value than showing in AIS/TIS
- F & O PROFIT REPORTING FOR AY 2026-27
- Booth for sales promotion
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- Rental income of jointly held property
- Difff in ais receipts and gst turnover
- ITR-3 File/Error Found
- Exiting partner in partnership firm in gst portal
- Taxability of credit in canara bank ET & T section (NRO)
- Consequences of Non-Deduction of TDS under Income Tax???????????????
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
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
