Try out the Virtual Legal Assistant
to take your notes as you use the website, build your case briefs and professionally manage your legal research. Also try out our Query Alert Service
and enjoy an ad-free experience. Become a Premium Member
for free for three months
and pay only if you like it.
Central Government Act
Section 22 in The Income- Tax Act, 1995
22. Income from house property 1The annual value of property consisting of any buildings or lands appurtenant thereto of which the assessee is the owner, other than such portions of such property as he may occupy for the purposes of any business or profession carried on by him the profits of which are chargeable to income- tax, shall be chargeable to income- tax under the head" Income from house property".