banner_ad

Non resident self occupied property

319 views 4 replies
Upto FY 2019-20, assessee was a resident in India.

A Property was let out

During FY 2020-21, assessee went abroad permanently and became non- resident for tax purposes.

The property was let out for 2 months out of the 12 months.

Can the property be shown as self occupied for tax purposes for the remaining 10 months?
Replies (4)
Yes it can be deemed as self occupied after vacant of property

As I understand, if a house property is let out for part of the year, it is considered as let out for the entire year.

Loss due to vacancy can be reduced to arrive at taxable income.

Thanks Poornima ji. Can you also share the text of the section you are referring to.

You may refer to section 23(3)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details