In Deemed to be let out property:-
Is that necessary to show any rental income or Fair Rent, whether i can deduct the whole loan interest amount from Nil Rent
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In DLO- Is that any Fair Rent is Reqd.?
Replies (1)
A house property is deemed to be let out if a person has two or more Self Occupied Properties.
Here fair rent, standard rent and municipal value becomes vital in calculation of income from HP.
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