kumarjainn (govt service) 29 August 2016
Ms.Usha Kapoor (CEO) 22 September 2016
As per Income Tax Law ifyou own a secomd house wheher rented or empty after deducting property tax and repairr charges your rental income/notional rental income will be treated s income from house property and accordingly you will be charged to tax. If you are a Joint Family spread the multiple houses you own among muliple specified relations in you rfamily your tax liability will bew much less.