House property deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 November 2010
Hi all,
Can anyone tell me that a salaried employee having his own house can be eligible for a statutory deduction of 30% if the house is totally self occupied.
Thanks & Regards
Hi all,
Can anyone tell me that a salaried employee having his own house can be eligible for a statutory deduction of 30% if the house is totally self occupied.
Thanks & Regards
24 November 2010
FOR SELF OCCUPIED PROPERTY . NET ANNUAL VALUE WILL BE NIL. SO THERE IS NO QUESTION OF 30% DEDUCTION.
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