Taxability - House Property

Assessee is an indian resident

having more than 1 property in india

also having property outside india ex. in dubai, which remains vacant through out the year

it is utilised by assessee himself only whenever he visit there

whether notional rent of such property situated outside india need to be taxed in india asif notional rent income on property situated with in india?

Replies (1)

By plain reading of section 23(2) we can make out that nothing is specified if the property is outside India,  hence shall be taxable on notional basis. 

However since determination of rent could be an issue & since the assessee is an NRI and is genuinely using the house when he is in dubai risk may be taken. 

 

https://capraveenmr.wordpress.com/

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
27 August 2026
ACCOUNTANT

CHARUPREETI & CO

Noida

Graduate (Any)

View Details
Company
Featured 11 September 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details