Leased house.

This discussion clarifies the tax treatment of multiple properties, specifically when one is rented out and another is leased. The consensus is that if a property is leased out, it should be declared under the 'let out' income head. The concept of 'deemed let out' typically applies only when two properties are vacant, with one being treated as self-occupied (SOP). Recent amendments allow for two properties to be considered self-occupied under certain conditions.