Is deemed rent still applicable during redevelopment

Forums House Property Taxation Is deemed rent still applicable during redevelopment

Is deemed rent still applicable during redevelopment

I have two houses and am paying deemed rent on one of them. One flat will be demolished for redevelopment in around a year. The building in which my flat is located has already been declared as dangerous and dilapidated by the municipality and hence cannot be given for rent. Should I stop paying tax on deemed rent from the time the building was declared as dilapidated? If no, then should I stop paying tax on deemed rent from the time I vacate the building?

Profile photo of Craig Lewis Asked By: Craig Lewis 0 replies 0 helpful answers Last Updated: 1 month ago
  • Profile photo of Craig LewisCraig Lewis
    Participant

    I have two houses and am paying deemed rent on one of them. One flat will be demolished for redevelopment in around a year. The building in which my flat is located has already been declared as dangerous and dilapidated by the municipality and hence cannot be given for rent. Should I stop paying tax on deemed rent from the time the building was declared as dilapidated? If no, then should I stop paying tax on deemed rent from the time I vacate the building?

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