House property

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 November 2014 Dear Sir,

Whether standard 30% Deduction in House Property is also allowed at the time of giving office building as rent?

17 November 2014 Yes. 30% deduction is available to all sorts of house properties.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 November 2014 Dear Sir,

Suppose,the office building was used earlier by owner for his business and after giving it on rent he is not using for the said purpose. Now he had given it on rent and the tenant is using this for his business purpose then also 30% deduction is available ?

18 November 2014 irrespective of use 30% shall be given to the assessee as deduction u/s 24(a)

18 November 2014 Yes. For rental properties, the 30% deduction is available.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 30 June 2026
Article Assistant or Paid Assistant

VIKAS VERMA & CO

New Delhi

Others

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
24 June 2026
Chartered Accountant

CA Darshita Shah & Co

Nadiad

CA

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details