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.
Menu
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
Recent Topics :
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
- GSTR-9 Table 8A issue
- CA Inter Coaching institutes at Hyderabad
- Looking for practising CA
- TDS return filing
- Need formats of FS as per Co act 2013 in soft copy
Related Topics :
CAclubindia
