Sir, What would be income from a house property 1. Rent 2.deemed rent if it was occupied by tenant for only 15 days of a FY and paid 15 days rent.Rest of the 11 and half months it was vacant. How to calculate income from house property for FY 2014-15.(It is a second flat of owner)
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Income from house property
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fair market rent you can get from valuer or if any authorized real estate agent can give you a certificate of rent in that area in a particular time or if all is difficult, the same rent for 15 days, assume it for the whole year.
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