So friends, let's discuss about charging section.
I have told you many times that when we start any new head
of income, then we see which is the section of charging in
Income Tax Act.
Under which section we will put tax on that head of income.
So, in house property also we follow the same procedure as
we do in others.
So, first of all we will read about this, charging section.
What does charging section say?
See carefully, you can open your books and see
simultaneously.
So, charging section says,
Section 22,
Process of computation of income starts with determination
of
Which value?
Annual value.
Cut it.