Deemed to be let out

[anil kalia]

A is having two houses in two different cities. A is residing in one of the said house in one city where he is employed. The other house in other city is being used by his father, who is not having any other house in his own name, whether one of the said house will be treated as deemed to be let out. Although the house in which father is residing was purchased by the funds provided by father.

AI Summary

Determining if a house occupied by the owner's father is 'deemed let out' for tax purposes under specific conditions. A has two houses in different cities, residing in one due to employment while the other is occupied by A's father, who has no other property in his name. The question is whether the house occupied by the father should be considered 'deemed to be let out' for tax purposes. The response suggests that if the father declares the property in his tax return, the issue of it being deemed let out does not arise. Additionally, if the property remains vacant throughout the year, its gross annual value would be considered zero.