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Stdandard deduction u/s.24(a) on income from house property

This query is : Resolved 

16 August 2014 Standard deduction u/s.24(a) on income from house property is 30%.My query is whether it is applicable for income from house property let pout for commercial purposes. Pl.discuss

16 August 2014 yes. it is allowed...................

16 August 2014 it is allowed irrespective of whether it is used for commercial or residential purpose.

25 August 2014 yes agrred its allowed...........


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