Please help me to solve this doubt

Question

Adhi · Answer

When property is let out for some period & self-occupied for remaining period during P.Y. Here consider as if let out for whole year (So,ER for full year, deduct municipal tax. No limit in int also). But actual rent will be taken for months for which rent is actually received. (Do not consider vacant for the period for which it was SOP)

Heena · Answer

Oh okay

Lalit · Answer

I just mixed the concept by which I did a mistake

Heena · Answer

You're welcome

Lalit · Answer

Thanks I got my answer Thank you

Heena · Answer

Yes we treat sop as lop but only in case of calculation total months which we neend for calculating PER .

Lalit · Answer

I know that we r finding actual rent but as per my teacher in case of SOP+LOP...SOP TREATED AS LOP

Heena · Answer

We only find PER by taking only total months of lop and sop. There is no relation of sop rent in calculating AR.

Lalit · Answer

Because SOP + LOP me vacancy ka treatment h So Answer is according to ER<= AR+ VR

Heena · Answer

We are findind the actual rent which is actually received.

Heena · Answer

Because we didn't actually receive any rent towards sop.

Lalit · Answer

As per rule ER 480000 < AR 350000 + VR 150000(50k×3) ... So Gav should be 350000

Lalit · Answer

But why Vacancy treatment not taken here???

Heena · Answer

If any doubts , can ask freely.

Heena · Answer

Here ER is 480000 amd actual rent is 350000 but here PER(proportionate expected rent) will be calculated as ER is higher than the AR so PER will be calculated fot 12 months whole as house property is used by tenant too , so per will be 480000(4800000/12months × 12months(lop+sop). From here we conclude that PER is still greater than AR which means it is not due to the vacancy and hence ER OR AR whichever is higher will be Gav so ER of 480000 will be GAV.

Lalit · Answer

Answer

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