Deemed rent for 2nd house

I want to know if a person owns 2 houses and 1 is self-occupied,

Other is rented for only 3 months during the year, so in this case which income should be considered 3 months actual rent or notional deemed rent for the entire year.

Please help. Thanks in advance

Replies (6)

fair rent, muncipal value, standard rent , rent for month do u have any details about that sir. give me brief account

In your case, the annual value for the second house is the municipal value or fair rent whichever is higher. This should not be more than Standard Rent.

But if actual rent is less than the above because of vacancy, then actual rent is the fair rent.

Please work our accordingly.

vinofaca74 @ gmail.com

Yes remaining nine months it was vacant. So I have to consider only actual rent for 3 months and not notional deemed rent for entire year for 2nd house right?

In your case we considered 3 month actual rent because actual rent is less only due to vacany.

Notional Rent for 12 months or actual rent, whichever is lower.

vinodaca74 @ gmail.com

 

agree with priyanka gupta

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
ARTICLESHIP 18 September 2026
Industrial Trainee

Twenty Point Nine Five Ventures Private Limited

Noida

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
ARTICLESHIP 07 September 2026
CA Articles

Kothari Jain Patil & Chartered Accountants

Pune

CA Inter

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details