- At times a property may be let-out for some time during the year and is self-occupied for the remaining period (i.e., let-out as well as self occupied during the year). For the purpose of computation of income chargeable to tax under the head "Income from house property", such a property will be treated as let-out throughout the year and income will be computed accordingly.
- However, while computing the taxable income in case of such a property, actual rent will be considered only for the let-out period.
How to compute income from a property which is self-occupied for part of the year and let out for part of the year?
FollowYou can complete filing your Income-tax return in just 15 minutes using the website or the mobile app:
Not filed yet? File your Income-tax return with myITreturn.com
3 reasons to file with myITreturn:
- Registered with the Income-tax Department
- Accurate and Simple
- Over 24 lakh users
or if you have a simple tax return, you can download our mobile app and file your Income-tax return
Comments
0 comments
Please sign in to leave a comment.