House property

This query is : Resolved 

21 January 2012 landowner lets his property but for letting it he has to take another property on rent..then the rent so paid will be deducted from rent received by him or not??????

21 January 2012 Rent so paid is if for the purpose of business of the assessee , then he can claim as an expenditure. However, it is not deductible under the head Income from House Property in any case.

23 January 2012 thank u sirji..


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