Does Income from House Property become applicable from the time Part Occupancy certificate is received ? Or is a full occupancy certificate required. More importantly, from when is the obligation of factoring income from house property arise in such cases.
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Does Income from HP start from the day of Part OC
Replies (2)
From the date of receipt of possession or the date of OC for the particular flat received, whichever earlier.
Is Part Occupancy certificate considered as OC as per Income tax rules
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