Computation of income from house property under Income Tax Law is a Practice book on Income Tax on Conferenza, priced at ₹440 (20% off MRP ₹550). Published by Commercial Law Publishers. Order online with fast delivery across India.
- Price
- ₹440 · 20% off
- Course
- Practice
- Subject
- Income Tax
Computation of income from house property under Income Tax Law
Commercial Law Publishers
Book Specifications
- Course
- Practice
- Publisher
- Commercial Law Publishers
About this book
A practical guide to taxing income under the head "Income from House Property" under the Income Tax Act, 1961. This 7th edition by Ram Dutt Sharma is updated as amended by the Finance Act, 2022.
At a glance
| Edition | 7th Edition |
| Author | Ram Dutt Sharma |
| Amended by | Finance Act, 2022 |
| Statute covered | Income Tax Act, 1961 |
| Publisher | Commercial Law Publishers |
What's inside
- Scope and applicability of the head, with determination of ownership and deemed ownership
- Computation of annual value for self-occupied, let-out and deemed let-out properties
- Deductions allowable under Sections 24(a) and 24(b)
- Arrears of rent and recovery of unrealised rent, and the treatment of co-ownership and multiple properties
- Set-off and carry forward of house property losses, and how this head interacts with the others
- CBDT circulars, judicial interpretations and worked computation examples
Who should buy this
- Chartered accountants, tax practitioners and legal advisers handling property income
- Property owners and landlords who want the computation rules explained with examples
- Students who need one head of income covered in depth
Publisher's description
This 7th edition of Computation of Income from House Property under Income Tax Law, authored by Ram Dutt Sharma, provides a comprehensive and practical guide to the taxation of income arising from house property under the Income Tax Act, 1961. Updated as amended by the Finance Act, 2022, it offers a detailed explanation of statutory provisions, computational methods, and compliance requirements for taxpayers, professionals, and students.
The book presents the subject in a structured and reader-friendly manner, combining legal provisions with practical illustrations, judicial precedents, and relevant CBDT clarifications. It serves as a reliable reference for understanding the nuances of determining annual value, allowable deductions, and taxability of various types of property income.
The content covers the complete scope of house property taxation, including:
• Scope and applicability of the head “Income from House Property”
• Determination of ownership and deemed ownership
• Computation of annual value – self-occupied, let-out, and deemed let-out properties
• Deductions allowable under Section 24(a) and 24(b)
• Tax implications of arrears of rent and unrealised rent recovery
• Treatment of co-ownership and multiple properties
• Set-off and carry forward of losses from house property
• Interaction of property income with other heads of income
• Relevant CBDT circulars, notifications, and judicial interpretations
• Practical computation examples for various scenarios
This edition is particularly suitable for:
• Chartered accountants, tax practitioners, and legal advisors dealing with property taxation
• Individual taxpayers and property owners seeking clarity on tax obligations
• Corporate finance teams managing real estate income and compliance
• Law and commerce students studying Indian direct tax laws
Whether used for compliance, advisory, or academic purposes, this updated edition serves as an authoritative, practical, and easy-to-use reference on the computation of income from house property under Indian tax law.
Frequently asked questions
What is Computation of income from house property under Income Tax Law?+
A practical guide to taxing income under the head "Income from House Property" under the Income Tax Act, 1961. This 7th edition by Ram Dutt Sharma is updated as amended by the Finance Act, 2022. At a glance Edition 7th Edition Author Ram Dutt Sharma Amended by Finance Act, 2022 S
How much does Computation of income from house property under Income Tax Law cost?+
Computation of income from house property under Income Tax Law is available for ₹440 (MRP ₹550) on Conferenza, with fast delivery.
Which exam is Computation of income from house property under Income Tax Law for?+
Practice — Income Tax.
Is Computation of income from house property under Income Tax Law good for self-study of Income Tax?+
Computation of income from house property under Income Tax Law is a Income Tax book for Practice, suitable for self-study and revision. Pair it with practice and past papers for complete exam preparation.
Which is the best book for Income Tax?+
There's no single "best" book for Income Tax — the right choice depends on the syllabus coverage you need, the author's approach, the edition and your budget. Computation of income from house property under Income Tax Law is one Practice option; compare it with other Income Tax books on Conferenza by edition, coverage and price to pick what suits your preparation.
Is Computation of income from house property under Income Tax Law available as a free PDF download?+
Computation of income from house property under Income Tax Law is a paid book on Conferenza, delivered fast across India. For free PDFs — study material, RTPs, MTPs and suggested answers — visit https://conferenza.in/downloads.