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Rental income
I own 3 house each house as 2 floors so I live in a floor and rest all I will recieve rental income for calculating nav can it be zero for first 1 house though I recieve income in 1 house which I stay too.Is it on floor basis or house basis
Replies (2)
Quick Summary
Please read income from House property and sec 24
You can show 2 houses as partly let out and party self occupied... and for remaining 1 house - show 1 floor as let out and other floor as deemed let out.
Show higher rent flats as self occupied.
Show higher rent flats as self occupied.
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