Regarding property

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12 Points Posted on 20 June 2021
is it mandatory to show shop purchase in itr return?

one house property and one shop purchase (two property), so mandetory to show rent income if property is vacant.
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On 20 June 2021 at 19:24 Report
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This discussion clarifies whether it's compulsory to declare rental income for a purchased shop in your Income Tax Return (ITR), even if the property is vacant. It addresses the mandatory nature of showing rent income for all properties owned, including both residential and commercial ones, when filing your taxes.

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Chartered Accountant
24588 Points Posted on 20 June 2021
Showing rent income is mandatory in ITR
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On 20 June 2021 at 20:40
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Finance/Compliance Consultant
69184 Points Posted on 20 June 2021

https://tax2win.in/guide/house-property

 

https://cleartax.in/s/house-property

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On 20 June 2021 at 23:18

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