income from house property
This query is : Resolved
23 January 2009
while calculating income from house property.. if the rent received is lesser than the municipal taxes paid (i.e property taxes for the past years paid now ) . Can the remaining negative amount be claimed as loss from house property and can be adjusted from other incomes.?? and whether 30% repairs be claimed from rent received ?? kindly clarify my doubt i am in dire need of this answer??
25 January 2009
no
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