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Tax treatment in case of co-ownership of property.

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 March 2015 If there are co-owners who are holding two house property with equal share.So How can the owner seperately be escaped from Being taxable under the deemed concept.Is there any provision under which owners will not be liable under deemed or notional income.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
13 March 2015 no , there is no escape provisions at all
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