Question

. In case of disputed ownership, income from HP is chargeable in the hands of
(A) Recipient of income
(B) Not assessible
(C) All owners
(D) None of the above​

Answer 1

Explanation:

✳Answer✳

✳↕️↕️↕️✳

✳(A) Recipient of income✳

Answer 2

Answer:

Recipient of income

Explanation:

• in case of disputed ownership,income from HP is chargeble in the hands of recipient of income.
• 30% of net annual value of the house property is allowed as deduction if property is let-out during the previous year.
• in respect of self-occupied residential house property,interest incurred on capital borrowed for the purpose of acquisition or construction of house property shall be allowed as deduction up to rs.

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