Rental income from 2nd house property.

This query is : Resolved 

18 October 2013 Like to know - what type of exemption is allowed against this income and the related Section.

18 October 2013 Under sec 24(a)- sTANDARD DEDUCTION OF 30% of Gross annual value.

24(b)-Int on loan.

18 October 2013 Also you can claim deduction of property tax paid by you.

Thanks

18 October 2013 Also you can claim deduction of property tax paid by you.

Thanks


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