28 August 2016
if any indivisual have 4 house property , one he use as own residense and another three is vacant is any taxability arise from those three vacant house property ?
28 August 2016
If so , other 2 properties are deemed to be let out and chargeable to tax under the head 'income from house property'.
Annual value of the property is not chargeable to tax if
the property is utilized for carrying on assesse's business and income of the business is chargeable to tax.
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