Site icon Jagoinvestor

Should I pay income Tax on notional rent for house I get not get possession for ?

I recently purchased a second home that was registered in Sep 2013 and got possession only in April 2014. It is given for rent from May 2014. The question is should I have to pay tax on the notional rent even though i did not get the possession of the house. What should be the notional rent?

Exit mobile version