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<h1>Co-ownership income allocation: each co-owner must include their computed share of house property income in total income.</h1> Where property of buildings or buildings with appurtenant land is owned by multiple persons with definite shares, each co-owner is assessed individually and must include in his total income the share of income from the property as computed under the house property provisions; the computation treats each co-owner as if individually entitled to the reliefs that adjust gross rent or annual value when determining that share.
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