Deemed Income from House property

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  1. MAP

    MAP Member

    sir,

    I am having a self occupied house and other is vaccant. Which ITR should I file.
    As actual income from vaccant house is Nil, how to calculate taxable income from Zero income house ? ( Actually one has to pay Municiple tax,water tax, maint.ect )Deemed income is mandate to be entered in ITR ?
    Regards,

    MAP
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Yes, you would be required to compute the Deemed Income for the 2nd house.
     
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