Standard deduction on house property


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Querist : Anonymous

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Querist : Anonymous (Querist)
19 March 2013 I have given my house on Rent and done painting , small repair and fitted electrical appliances in it. can i claim standard deduction u/s 24 @ 30%

and also can i claim deduction for the amount which i have spent on painting and all apart from above deduction

19 March 2013 You can claim only 30% standard deduction,and no deduction of the expenses incurred is allowed.

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Querist : Anonymous

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Querist : Anonymous (Querist)
19 March 2013 Do we will not be able to claim the amount spent on painting work


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