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TMI Blogjoint ownership of propertyX X X X Extracts X X X X X X X X Extracts X X X X ..... joint ownership of property X X X X Extracts X X X X X X X X Extracts X X X X ..... ted for scrutiny and assessing officer not given the credit for payment given to joint owner. he has considered all the rent received by my client. Is his view justified. should we go in appeal. Reply By CA Rachit Agarwal: The Reply: There is no deduction clause available for the rent paid to the co-joint owner. In the Computation of Income itself, we can show the rental income equals to rent r ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eceived less rent paid to joint owner, inspite of showing the payment to joint venture as deductions. As per Section 26 of the Income Tax Act, income included in the co-owner shares is his proportionate share and not the whole rent. Reply By ALOKE GHOSH: The Reply: It has not been stated by you in what manner your client has filed his return of income and whether he has included only his part of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rental income. If your client can establish it as a joint undivided property, you client is entitled to claim the proportionate TDS against the same and if the same is not allowed bu A.O, it is better to go for appeal. For rest of the queries, I am of same view as of Mr.Agarwal. X X X X Extracts X X X X X X X X Extracts X X X X
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