If a person have four houses & one of them remained vacant for whole of thr year due to not being in rentable condition,
then what will be the treatment.
Assume municipal value of thr house is 5,00,000.
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income from house property
Replies (4)
put as notional rent
and you can claim
and you can claim
sorry I can't understand.
explain please.
explain please.
incase of vacant house take notional rent. notional rent is the rent that a propert of similar tyoe in the locality would have recieved.
put 10000 pm as notional rent or put actual rent which is received in previous AY put in vacant column 12 months then there is no problem
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