Feedback

Income from house property



I own a house but I am staying in my mother's house.Do I have to pay any tax on my own house which is lying vacant.
 
Reply   
 
CA Final Student

if you own both of the houses than yes , another one shall be deemed to be let out , by the mean staying with mother does not attract any provision.

Total likes : 1 times

 
Reply   
 
Practicing Chartered Accountant

Yes rightly stated. If the house where you stay with your mother is not on your name then there is no problem. The legal owner of the property is seen for tax purposes.

Total likes : 2 times

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU