Conditions to be fulfilled for Income to be taxed Under Income from House Property

1.The property must be building or land appurtenant   (Attached) to a building

 (Hence, income from vacant land is  not covered under under income from house property.It is covered under income from other Sources.)

2. Property should not be used by assessee for purpose of business or profession.

If the property is used by the assessee  for the purpose of Business or Professional then income not taxable under income from house property .It is taxable under PGBP

3.The assesse should be the owner of the property. Even deemed ownership covered.