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STANDARD DEDUCTION ON RENT

STUDENT CS



Standard deduction on income from house property (rent) is applicable in financial year 2009-10? 

 

 

 

 
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Learner



Dear Sunny,

YES @ 30%


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Proprietor



Yes, 30%


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STUDENT CS



thanx amir sir

 
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Accounts Manager



hi

there is no change in standard deduction 30% only applicable


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CS



Dear Friend

Its applicable @ 30% u/s 24 as on fixed basic whether incurred more,less, equal to or not incurred its allowable @ 30%

 

Regards

 
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C.A. B.Com (H) Graduate


Standard Deduction on rent u/s 24(a) @ 30%............

 
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FCA DISA Mcom CIFRS & LLB


yes

 
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Chartered Accountant in Whole Time Practice


standard deduction U/s 24A wiil be allowed 30% for Fy 2009-10 in house property Head

 
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Professionalism ™



yea its available @ 30% of Net Annual Value (Gross Annual Value-Municipal Taxes paid by owner)

 
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