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Deemed to be let out meaning
I want to meaning of deemed to be let out.
Replies (1)
One house (now two Residential hoses) you can show as SOP (if not rented actually).
However if you own, eg. one more house which is actually not rented out but still under Income atax , it will be deemed to be let out and notional Value as per formula arrived at and that amount is included in ITR under IFHP
However if you own, eg. one more house which is actually not rented out but still under Income atax , it will be deemed to be let out and notional Value as per formula arrived at and that amount is included in ITR under IFHP
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