What is let out property?

myITreturn Helpdesk

Updated July 26, 2018 14:22

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A property which is given by the owner to the tenant for some consideration is treated as a let out property . In case a person has more than one self occupied property then only one property shall be treated as self occupied and others shall be treated as deemed to be let out property.

Let out property, occupied property, income tax return In this page we explained about the let out property and the conditions under which this will applicable

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