Rent

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 July 2012 I am paying shop rent 10000 every month can i get benefited under section 80C of income tax????

10 July 2012 No you cannot get avail deduction u/s 80C.

However, if you are using the shop for your business, you will get deduction of the rent paid while computing income from business.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro
Meet our CAclubindia PRO Members


Follow us


Answer Query