House property deduction

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This query is : Resolved

Hema Raviraj Ghadge (Querist)

20 March 2013 I have given my House given on Rent so i can claim deduction under U/s 24 @30%

but as per the the below explanation will i get to claim full amount what i have spent on painting..

When we say 'repairs', we mean work to make good or remedy defects in, damage to or deterioration of the property.
For example:
replacing part of the guttering or windows damaged in a storm
replacing part of a fence damaged by a falling tree branch
repairing electrical appliances or machinery.
When we say 'maintenance', we mean work to prevent deterioration or fix existing deterioration. For example:
painting a rental property
oiling, brushing or cleaning something that is otherwise in good working condition
maintaining plumbing.

Please explain

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)

20 March 2013 Section 24 deduction on let out house property 30% is standard deduction, no need to check the repair explanation

Hema Raviraj Ghadge

Hema Raviraj Ghadge (Querist)

21 March 2013 Thank you sir, but then can you please tell me why it is said that repairs full amount spent can be claimed in the same year for rented house and if any capital expenditure can be taken as deduction in no. of years ,

so where and when this is applicable ?

Please guide

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