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Rent income

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 October 2013
I have a flat in Mumbai and I have let it on leave and license basis.
The Society is charging in addition to normal maintenance charges additional for rental flats:
1 Non Occupancy Charges
2 Car parking charges for those who have not bought Car Parking area from Builder
3 Additional car parking charges for rental apartments
Is any of these can be deducted from rental income for Income tax to arrive at net taxable rental income?
Thanks for cooperation
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CS RAJESH C.CHOUDHARY

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CS RAJESH C.CHOUDHARY (Expert)
04 October 2013 Under S.24 of the Income Tax Act standard deduction of 30% is offered to the assessee to be deducted from his NAV. He is also allowed deduction of interest payment, apart from that no other deductions are allowable as incurred by you.
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