Notional rent on loan free flat

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  1. Dear Sir,
    I paid all dues of home loan on flat which is not self occupied. Do I need to pay tax on notional rent even if it is empty & that tax is paid throughout life.
    Regards
     
  2. Amit Sahni

    Amit Sahni Active Member

    Yes, you would be required to pay Notional Rent on the property which is not self occupied.
     
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