Different types of property

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Different types of houses property:

As per the Income Tax Act , 1961, a house property included building, flats, office space, shops, factory sheds, commercial building or agricultural lands.

House property are of three types:

  • Self-occupied property.
  • Let out property and
  • Deemed to be let out property
How many types of property are there?
  • (1) Movable property and Immovable property. 
  • (2) Tangible property and Intangible  property. 
  • (3) Private and Public property.

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