if i purchase 2 shop from different person but i am using both the shop after joining each other... then both the shops are eligible for self occupied property or not??
and it is essential for me to join both the shop to use...
i have only two shops as my property. no other property
or should i have to show one property deemed let out??
Menu
House property income
Replies (1)
If you are using your both shops for your own business, than that shops Considered as business assets.
So, there is no question of SOP, deemed Let out ect..
So, there is no question of SOP, deemed Let out ect..
Recent Threads
- Whether GST applicable on Hardship Compensation pa
- ITC cannot be denied to Bona Fide Buyers for Suppl
- Unused ITC for Hotel after GST Change
- CA FINAL SPOM
- 44ad presumption of tax
- Friendly loan to blood relative?
- Tds penalty for in operative pans
- TDS on Property- 26QB filing Doubt
- HSN code for Exempted supplies
- HSN Summary of Outward Supplies (Sales and Advance
Related Threads
CAclubindia
