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Income from lease rental of commercial properties

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Querist : Anonymous

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Querist : Anonymous (Querist)
12 February 2013 Under which head income from lease rental of commercial properties is taxable ?

Is any expenses in relation to such income is deductible ?
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CA Rinkal

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CA Rinkal (Expert)
12 February 2013 the provision of taxability of house property will applied to this case..
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Querist : Anonymous

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Querist : Anonymous (Querist)
12 February 2013 That means no expenses in relation to such income is allowed apart from standard deduction @30% u/s 24.




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