Hello,
A person has 2 houses. one is rented and another leased out.
1st house can show under rental income. 2nd house should we show in deemed let out or not required to show?
Please resolve...
Menu
Leased house.
Replies (8)
Quick Summary
2nd house can shown as deemed let out
2nd house should be shown as deemed let out
Show both houses as let out
Thank you all...
Welcome pradeep
As you are saying second one also leased out, you have to show both under HP head.
what is your intention in saying let out and leased out.??
what is your intention in saying let out and leased out.??
You need should both as let Out, there no concept of deemed let out , if the property is not vacant.
Deemed to be let out considered only when if you have two property and both are vacant then one is considered as SOP and another one as deemed to be let out.
Deemed to be let out considered only when if you have two property and both are vacant then one is considered as SOP and another one as deemed to be let out.
No
as per amendment one can claim 2 houses as SOP
as per amendment one can claim 2 houses as SOP
Recent Topics :
- CA FINAL FR FINANCIAL INSTRUMENTS (Ind AS 109) Dou
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
Related Topics :
CAclubindia
