If someone has more than two house properties and the additional properties are vacant, then the provisions of deemed rental will apply on those additional vacant properties. Read on to find out how this deemed rent is calculated and what are the things you should know.
The role of Chartered Accountants in India has evolved into a multidimensional profession, extending beyond traditional bookkeeping and auditing functions, , CA Day 2023, chartered accountants
According to the Income Tax Act, 1961 a homeowner can show in his/her income tax return (ITR) up to two houses as self-occupied. Read below to find out how is income from self-occupied house properties calculated.
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