Rental income from Commercial House property
This query is : Resolved
Quick Summary
DIVYESH JAIN
(Querist)
11 September 2021
Dear Sir,
I earn a rental income from Commercial House property and business income as contract income.
Can I book any expenses with regards to income earned from house property like monthly maintenance expenses or any other to reduce the Taxable income from rent.
Please help me in this matter.
Regards,
Divyesh Jain
I earn a rental income from Commercial House property and business income as contract income.
Can I book any expenses with regards to income earned from house property like monthly maintenance expenses or any other to reduce the Taxable income from rent.
Please help me in this matter.
Regards,
Divyesh Jain
12 September 2021
No. No more than standard deduction of 30% is allowed u/h. IFHP
DIVYESH JAIN
(Querist)
12 September 2021
Ok, Thanks a lot for sharing your valuable feedback
22 September 2021
Most Welcome....
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