Hp
uma somani (student) (106 Points)
28 March 2014
Helo...
While computing th incom frm HP, Is there any possibility tht incom frm self occupied house'll be possitive(>0)?????????
shivani
(student)
(210 Points)
Replied 28 March 2014
CA Deepesh Ruhela
(Keen to Learn)
(3271 Points)
Replied 28 March 2014
NO possibility for positive income....
Max Payne
(employed)
(2569 Points)
Replied 28 March 2014
Unless the HP is deemed to be let out property, by virtue of occupation of more than one house by the assessee, the income from such a self occuppied property shall be Negative or NIL.
CA Saroj Kumar
(Keen to learn something new every moments)
(2588 Points)
Replied 28 March 2014
srikanth
(ca student)
(25 Points)
Replied 29 March 2014
CAclubindia
