Re: rent income
This query is : Resolved
Harshavardhan
(Querist)
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
K Srinivas, CMA CS
(Expert)
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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