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Income Tax

Heads of Income »

What is chargeable under the head Income from house property?
What is annual value?
What are the three conditions which should be satisfied for taxing the income under the head “Income” from house property”. Which type of property is covered under the head “Income from house property”?
If the property of the assessee constitutes stock in trade of a business or the business of the assessee is to let out house properties then, will the income of the property be taxable under the head “Income from House Property”?
Out of the three conditions one condition is that property should consist of any buildings or land appurtenant thereto. What is meant by building and land appurtenant?
If vacant plot is given on rent, will the income be chargeable under “Income from house property”?
If there is a tenant of the property and he sublets the property to another, will the income be charged under the head “Income From house property”?
What exactly does the word “owner” mean?
Who are the deemed owners of the house property?
If an assessee is a partner in a firm, and if the, which belongs to the assessee is in the occupation of the firm, for carrying on business then will the annual value of the property be chargeable under the head “ Income from house property”?
If an assessee constructs residential quarters and lets them out to his employees, will the residential quarters be treated as house property for the purpose of tax under the head “Income from house property”?
If the house property is situated in a foreign country, will an assessee be taxable under the head, “Income from house property”?
How income of a property will be taxed if the property is owned by co- owners?
If the business of the assessee is to let out property on rent, can the annual value of such property be brought under the head, “Income from house property”?
Which property income is exempt from tax?
What is the procedure for determining the income from a house property that is let out?
How is Gross Annual Value determined in case of let out property?
What would be the Gross Annual Value if the property remains vacant throughout the year?
What is unrealised rent?
When can Municipal taxes be deducted from Gross Annual Value?
What is Net Annual Value?
What are the two deductions available under section 24 for computing Income from house property?
Is deduction under section 24 available for other expenses incurred?
When is interest on borrowed capital allowed as deduction?
What is the interest of pre-construction period?
What is the maximum amount deductible for interest on borrowed capital?
What is self occupied property and deemed to be let out property? How is the computation of Income from self-occupied property calculated?
If a house is self occupied for a part of the year and let out for remaining part of the year, what are the tax implications?
Will unrealised rent be chargeable to tax if realised u/s 25AA?
If any arrears of rent are received in any previous year, will the rent be chargeable under the head, "Income from house property"?
If there is a loss under the head, "Income from house property," can it be adjusted under any head of Income?

Income Tax

Introduction to Income Tax

Circulars

Rates of Tax

Forms

Rebates From Income-Tax

Notification

Heads of Income

Deductions

Search,Seizure
& Block Assessment

List of TIN-PAN
Centers

Download challans
with PAN/TAN

PAN FAQs

Value Added Tax

TDS

Tax Deduction at Source

Corporate Law

DIN 1(Application Form)
DIN 2 Form
DIN 3 Form
DIN 4 Form
DSC Form

Income Tax

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