Tag Archives: alculation of Deemed Rental Income

Unlocking the Mysteries of Deemed Rental Income: A Step-by-Step Calculation Guide

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DAINIK NATION BUREAU: Owning a vacant house property can bring about financial implications, including the concept of deemed rental income. As per the Income Tax Act, if an individual owns a house property that is not rented out or self-occupied, they are required to calculate and declare deemed rental income. This article aims to provide clarity on the calculation process ...

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