I got 3 houses in Hyderabd from which i am not getting any
rent because In A house i occupied for my family, No.B was
occupied by My father and C was occupied by my sister.I am
putting Nil in the column mentioned for income from house
property. Is it right or wrong pl let me know
Answer Posted / mbsaggarwal
IT IS WRONG AS THE ASSESSEE WILLHAVE TO PAY TAXES UNDER THE
HEAD INCOMEFROM HOUSE PROPERTY TREATING ANY ONE HOUSE
PROPERTY AS SELF OCCUPIED AND REST OF DEEMED TOBE LET
OUT.ASSESEEE MAY CHOOSE ANY HOUSE PROPERTY AS SELF OCCUPIED
PROPERTY.
Is This Answer Correct ? | 1 Yes | 1 No |
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