House property income taxation

Giridhar S Karandikar (Team Lead) (7543 Points)

14 December 2015  

Hello All,

I owned a house property whihc wsa self-occupied by me in the current year from Apr15 till Sep15.

In Sep 15 I shifted to a new property whihc is also self-occupied by me.  The agreement was being made in 2014-15, sale deed is yet to be done.

Now the earlier property is remaining vaccat till date.  I have also not got any tenant till date.  Now if I don't get a tenant till march16 then how would the taxation be determined, would it be treated as deemed to be let out for whole year or part of the year and taxed accordingly.

But say if I get any tenant in these 4 months till March 16, then would it be treated as let-out property for whole year