29. Mr. Raghav has three houses for self-occupation. What would be the tax treatment for...
70.2K
Verified Solution
Link Copied!
Question
Accounting
29. Mr. Raghav has three houses for self-occupation. What would be the tax treatment for A.Y.2021-22 in respect of income from house property? (a) One house, at the option of Mr. Raghav, would be treated as self- occupied. The other two houses would be deemed to be let out. (b) Two houses, at the option of Mr. Raghav, would be treated as self-occupied. The other house would be deemed to be let out. (c) One house, at the option of Assessing Officer, would be treated as self-occupied. The other two houses would be deemed to be let out. (d) Two houses, at the option of Assessing Officer, would be treated as self-occupied. The other house would be deemed to be let out
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!