Giridhar S Karandikar (Team Lead) 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
ajeet singh (Business) 14 December 2015
Hello All,
I booked a flat in Gurgaon on 15 February, 2011 for Rs. 1.70 Crore for which I have already paid an amount of Rs. 1.63 Crore. I have not yet taken the possession of the said flat, now I am finalizing the sale proceed of this flat for Rs. 1.81. I just want to know that since I hav'nt take the possession of the said flat so can I treat the profit as a business income & adjust it with my regular business income / loss ( I owned a proprietorship firm & in leather garment business) or it will be treated as a long term capital gain. Pls advice.
Ankit Taprania (CA FINAL ) 14 December 2015
Ankit Taprania (CA FINAL ) 14 December 2015
Naveen sharma (student) 14 December 2015
Naveen sharma (student) 14 December 2015
Stay updated with latest Discussion!