Welcome to Scribd, the world's digital library. Read, publish, and share books and documents. See more
Download
Standard view
Full view
of .
Save to My Library
Look up keyword
Like this
1Activity
0 of .
Results for:
No results containing your search query
P. 1
Tax Lecture8

Tax Lecture8

Ratings: (0)|Views: 5 |Likes:
Published by apunrohit

More info:

Published by: apunrohit on Sep 09, 2010
Copyright:Attribution Non-commercial

Availability:

Read on Scribd mobile: iPhone, iPad and Android.
download as PPT, PDF, TXT or read online from Scribd
See more
See less

09/09/2010

pdf

text

original

 
PGDM Seniors
Tax Planning
 
I
ncome from house property
CONDITIONS FOR CHARGEABILITY
Property
sh
ould
c
on
sis
t
 
of 
a
ny
b
u
i
ld
i
ng
 
or 
 
l
a
nd
a
 ppurten
a
nt
 
t
h
ereto.
 
Ass
e
ss
ee
m
u
s
t
b
e
 
t
h
e
 
owner 
 
of 
 
t
h
e
 
 property
Th
e
 
 property
ma
y
b
e
 
u
s
ed
 
for 
a
ny
 
 purpo
s
e,
b
ut
i
t
sh
ould
 
not
b
e
 
u
s
ed
b
y
 
t
h
e
 
owner 
 
for 
 
t
h
e
 
 purpo
s
e
 
of 
a
ny
b
u
si
ne
ss
or 
 
 profe
ssi
on
 
Property
h
eld
as s
to
ck-i
n
-
tr 
a
de
 
et
c
.
Exc
ept
i
on
s : Wi
ll
 
not
b
e
cha
rge
ab
le
 
to
I
n
c
o
m
e
 
fro
m H
ou
s
e
 
 property
i
n
  b
elow
m
ent
i
oned
 
two
cas
e
sL
ett
i
ng
 
out
is s
upple
m
ent
a
ry
 
to
 
t
h
e
mai
n
b
u
si
ne
ssL
ett
i
ng
 
out
 
of 
b
u
i
ld
i
ng
a
long
 
w
i
t
h
ot
h
er 
 
aci
l
i
t
i
e
s
 
H
ow much is income from
H
P
DETERMINATION OF ANNUAL VALUE [SECTION 23]This i
nvolve
s
t
h
ree
s
tep
s :S
tep
1 -D
eter 
mi
n
a
t
i
on
 
of 
G
ro
ss A
nnu
a
l
Va
lue
(GAV)
.
 S
tep
2 ±F
ro
m
t
h
e
 
gro
ss a
nnu
a
l
 
v
a
lue
c
o
m
 puted
i
n
s
tep
1
,
 
dedu
c
t
m
un
ici
 p
a
l
 
t
ax
 p
ai
d
b
y
 
t
h
e
 
owner 
 
dur 
i
ng
 
t
h
e
 
 prev
i
ou
s
ye
a
r.
 S
tep
3 ±Th
e
ba
l
a
n
c
e
 
w
i
ll
b
e
 
t
h
e
N
et
A
nnu
a
l
Va
lue
(NAV)
,
 
w
hich as
 per 
 
t
h
e
 I
n
c
o
m
e
-
t
ax Ac
t
is
t
h
e
a
nnu
a
l
 
v
a
lue.
 

You're Reading a Free Preview

Download
/*********** DO NOT ALTER ANYTHING BELOW THIS LINE ! ************/ var s_code=s.t();if(s_code)document.write(s_code)//-->