9911796707
TMI BlogINCOME FROM HOUSE PROPERTY - Deemed to be let out propertyX X X X Extracts X X X X X X X X Extracts X X X X ..... INCOME FROM HOUSE PROPERTY - Deemed to be let out property X X X X Extracts X X X X X X X X Extracts X X X X ..... nual value of the house or houses, other than the house in respect of which the assessee has exercised an option under clause (a), shall be determined under sub-section (1) as if such house or houses had been let. NEW AMEDMENT Where the property referred to in sub-section (2) consists of more than TWO HOUSES- (a) the provisions of that sub-section shall apply only in respect of TWO of such hous ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... es, which the assessee may, at his option, specify (b) the annual value of the house or houses, other than the houses in respect of which the assessee has exercised an option under clause (a), shall be determined under sub-section (1) as if such house or houses had been let. During the Budget Speech, the Finance Minister said that 'considering the difficulty of the middle class having to mai ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntain families at two locations on account of their job, children's education, care of parents, etc., I am proposing to exempt levy of income-tax on notional rent on a second self-occupied house'.
used id :- mukeshjmt
Email id :- [email protected] X X X X Extracts X X X X X X X X Extracts X X X X
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