https://www.taxtmi.com/manuals?id=914 Income from co-owned property with definite and ascertainable shares is not assessed as income of an association of persons, but is computed separately according to each co-owner's share. For self-occupied property, each co-owner's annual value is nil and the interest deduction is available separately. For let-out property, income is computed as if owned by one owner and then apportioned among the co-owners according to their definite shares. en-us Fri, 14 Aug 2015 18:08:00 +0530 Fri, 10 Apr 2026 13:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=914 Income from co-owned property with definite and ascertainable shares is not assessed as income of an association of persons, but is computed separately according to each co-owner's share. For self-occupied property, each co-owner's annual value is nil and the interest deduction is available separately. For let-out property, income is computed as if owned by one owner and then apportioned among the co-owners according to their definite shares. Manuals Income Tax Fri, 14 Aug 2015 18:08:00 +0530 https://www.taxtmi.com/manuals?id=914