Wednesday, September 12, 2018

Property situated in USA occupied by daughter would be treated as deemed let out property & not self-occupied

IT: Where assessee filed revised return claming his Mumbai property as self-occupied and USA property as deemed to be let out property for purpose of computation of income from house property, since Commissioner (Appeals) had already arrived at conclusion that USA property was not self-occupied as same was occupied by daughter of assessee, he should consider same as deemed to be let out property

from www.taxmann.com Latest Case Laws https://ift.tt/2x8rNF1

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