house property income tax

The charging section for Income from House Property is

Which of the following is/are essential conditions of taxing an income under head “Income from house property”?

Mr. A, is the owner of a building. Such building is leased out by Mr.A for which he earns a rental income of Rs.20,000 per month. The income from such property would be chargeable under the head “Income from house property” because

Which of the following value is chargeable to tax under the head “In come from house property”?

A carries on business in a premise, comprising of building which is owned by him and which is used for the purpose of carrying on business or profession whose profits are chargeable to tax. The deemed value of income from such property would be chargeable to tax under the head

Income from House Property is taxable on

Annual value of a property is

Income derived from vacant land, would ________ tax under the head ‘Income from House Property’?

A, owned certain vacant land which he had let out to Ryder sports Academy for carrying out, certain sports activity. He earned Rs.50,000 per month from such letting out. The income, which would be taxable under the head “Income from House Property” would be

Arun, who has taken a property in Delhi on lease (paying monthly lease Rs.50,000) sublets it to Varun, who pays him a rent of Rs.30,000 p.m. Calculate the amount taxable in the hands of Arun as “Income from House Property”?

In which of the following cases the transferor even though not legal owner of a property, is deemed to be the owner for the purpose of section 22 to 26?

Ajay’s minor daughter was married to a renowned professional. When she came after marriage, he transferred his house property to her for Rs. 5,00,000 when the fair value of such property was Rs.50,00,000. Who will be considered as the owner of such house property for tax purpose ?

Sanjay, did not had a very understanding wife, and due to prolonged differences of opinion and fights on a regular basis, they decided to live apart. As a precondition for such an agreement to live apart, Sanjay transferred his house property to his spouse, which had a fair value of Rs.50,00,000. The property yielded a rent of Rs. 3,00,000 after the date of transfer. The income taxable in the hands of Sanjay on account of such property before any deductions would be

Champion had a very understanding wife and due to love and affection he transferred his house property to his spouse, for Rs.15,00,000 when the fair value of such property was Rs.50,00,000. The property yielded a rent of Rs.6,00,000 after the date of transfer. The income taxable in the hands of Champion’s wife on account of such property before any deductions would be

Salma had a property consisting of 2 adjacent flats, with terrace on the fourth floor of an apartment building . She divided these flats amongst her descendent two sons, with terrace rights vesting with youngest son, and other  having equal right to enjoy the benefit. During the year, the terrace was let out for a monthly rental of Rs.20,000 for the entire year. In such a case the amount of income taxable in the hands of the eldest son before any deduction would be

The rental income from a house property, is considered under the head “income from House Property’ when the building is used for

Ritu owns a flats in a co-operative society, which she has let out to X for a monthly rental of Rs.30,000 for the entire year. In such a case the amount of income taxable in the hands of Ritu before any deduction would be

A, has leasing rights in respect of a property for a period of 99 years. He derives certain rental income from such a property amounting Rs.6,00,000. Income  which is chargeable to tax under the head “Income from House Property” in the case of A before any deductions would be

Nikita, has leasing rights in respect of a property for a total period of 11 years, but renewed every time after a period 11 months. She derives certain rental income from such property amounting Rs.3,00,000. Income which is chargeable to tax under the head “Income from House Property” in the case of Nikita before any deductions would be

Aman, who is carrying on business has a property situated in Gurugram. He lets out such property to Gurugram police department to locate their branches in order to run his business more efficiently. The rental income from such let out property would be taxed in hands of Aman as

Shyam is engaged in the business of letting out residential flats to various tenants on a monthly basis. He earns a monthly income Rs.6,00,000 from such flats. Income which is chargeable to tax under the head “Income from House Property” in the case of Shyam before any deductions would be

Which of the following aspect do not impact where the income is chargeable to tax under the head “Income from House Property”?

Shyam owns a hotel building, which he has let out to XY Marriott on a monthly basis. He earns a monthly income of Rs. 15,00,000 from such letting out. Income which is chargeable to tax under the head “Income from House Property” in the case of Shyam before any deductions would be

Mohan owns a hotel building, which he is used to run a hotel in which various people come from time to time and stay. He earns a total receipt of Rs.1,50,00,000 from such letting out and a net income of Rs.15,00,000. Income which is chargeable to tax under the head “Income from House Property” in the case of Mohan before any deductions would be

Salman, who is carrying on business has a property situated in Gurugram. He provided such property to his employees as a Guest House in order to run his business more efficiently for which he earns a discounted rent of Rs.1,80,000 per year. The rental income from such let out property would be taxed in the hands of Salman as

Shyam has an office space which was furnished with Furniture. He had let out the entire office to Ajar and Co. a firm of Chartered Accountants for a rent of Rs.20,000 per moth. The letting of the office space without furniture is not possible. In such a case, income taxable under the head “Income from House Property” in the case of Shyam before any deductions would be

When the income from letting of the property is inseparable from letting of assets,

X.Ltd has let out house property to a tenant and also charged for certain other services provided along with the property. The entire rent received by X Ltd. is collectively known as

In case of composite rent, the portion of rent attributable to rent of property is chargeable under the head_____ and the portion rent attributable to rent of other facilities is chargeable under the head

Gariba, owns an agricultural land which also has a small dwelling unit like a Farm House, which he has let out. In such a case rent of Rs.1,20,000 received for such let out is