Taxability of commercial property vacant for the whole year
Querist : Anonymous
Pls. tell me about the taxability of commercial property vacant for whole year and reasonable effort are made to let out the property by assessee.
1. Whether commercial property tax as Deemed to be let out property u/s. 23(4)?
.
You can refer Section 23(1)(c) also and can claim vacancy allowance.
Querist : Anonymous
CAN YOU TELL ME ANY JUDGEMENT ABOUT THIS. SO ON THAT BASIS I CAN PROCESSED FURTHER.
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