Which section of the Income-tax Act, 2025 specifies the persons treated as owner of a building for the house-property provisions?
Question and options
Which section of the Income-tax Act, 2025 specifies the persons treated as owner of a building for the house-property provisions?
Section 24
Section 21
Section 25
Section 23
Answer and explanation
Correct answer: C - Section 25
Section 25 of the Income-tax Act, 2025 lists deemed owners for sections 20 to 24. Section 21 determines annual value, section 23 deals with arrears and unrealised rent, and section 24 with co-owned property.
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