Deemed to be let out

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..... Deemed to be let out
Query (Issue) Started By: - anil kalia Dated:- 5-8-2008 Last Reply Date:- 8-8-2008 Income Tax
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Income Tax
A is having two houses in two different cities. A .....

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..... is residing in one of the said house in one city where he is employed. The other house in other city is being used by his father, who is not having any other house in his own name, whether one of the .....

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..... said house will be treated as deemed to be let out. Although the house in which father is residing was purchased by the funds provided by father. Reply By 089700: The Reply: In my view, if father is .....

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..... stating the property in his return then question of deemed let out does not arise.Secondly, If the property could be said remain vacant through out the year, the gross annual value would be zero.
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..... Discussion Forum - Knowledge Sharing .....

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