Re: rent income
This query is : Resolved
12 March 2019
Dear All
I have a query about rental income.
GAV 540000
- MT 0
NAV 540000
-Less SD30% 162000
TAXABLE 378000
Whether we can claim 2.5 lacs exemption for this or pay full tax on the value
Please do the needful
I have a query about rental income.
GAV 540000
- MT 0
NAV 540000
-Less SD30% 162000
TAXABLE 378000
Whether we can claim 2.5 lacs exemption for this or pay full tax on the value
Please do the needful
12 March 2019
yes, exemption upto Rs.2.50 lakhs is available against this rental income.
20 July 2025
https://docs.google.com/document/d/13mJvZ_SAB-3vEGFTDj0mFOXXRG9meps-hZ907UX42NU/edit?usp=sharing
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