Treatment of partly self occupied property as let out determines house property income; rent counted only for the let period. Where a property is self occupied for part of a year and let out for part of the year, it is treated as let out for computing income under the head Income from house property. Income is calculated on the basis for let out property for the whole year, but actual rent is considered only for the period the property was actually let out when computing taxable income.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Treatment of partly self occupied property as let out determines house property income; rent counted only for the let period.
Where a property is self occupied for part of a year and let out for part of the year, it is treated as let out for computing income under the head Income from house property. Income is calculated on the basis for let out property for the whole year, but actual rent is considered only for the period the property was actually let out when computing taxable income.
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