03-01-2011, 02:57 PM
Dear Brother!
IF the landlord is not one person but two different persons. Then what will be the solution. For example
1st 6 months @ Rs.40000 per month Landlord A. (July to Dec)
2nd 6 months @ 45000 per month Landlord B. (Jan to June)
In first case we will deduct Rs.1375/- per month. then after shifting/moving to new location what will be the calculation.
Best regards
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by faisal_desperado</i>
<br />Dear,
You may select any method of your choice, since in both cases, there will have no differentiation in tax outlay. Whether you pay the tax on whole amount by clubbing the two separate amounts or pay the tax individually on the two amounts.
Let me know if confusion is yet to be clarified.
Best Regards,
Faisal.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">
IF the landlord is not one person but two different persons. Then what will be the solution. For example
1st 6 months @ Rs.40000 per month Landlord A. (July to Dec)
2nd 6 months @ 45000 per month Landlord B. (Jan to June)
In first case we will deduct Rs.1375/- per month. then after shifting/moving to new location what will be the calculation.
Best regards
<blockquote id="quote"><font size="1" face="Verdana, Arial, Helvetica, san" id="quote">quote<hr height="1" noshade id="quote"><i>Originally posted by faisal_desperado</i>
<br />Dear,
You may select any method of your choice, since in both cases, there will have no differentiation in tax outlay. Whether you pay the tax on whole amount by clubbing the two separate amounts or pay the tax individually on the two amounts.
Let me know if confusion is yet to be clarified.
Best Regards,
Faisal.
<hr height="1" noshade id="quote"></font id="quote"></blockquote id="quote">