annual value
Dikshu Negi (-) (6 Points)
16 November 2017Dikshu Negi (-) (6 Points)
16 November 2017
Pardeep Garg
(CA-Final Student)
(801 Points)
Replied 16 November 2017
Pardeep Garg
(CA-Final Student)
(801 Points)
Replied 16 November 2017
prasad Nilugal
( GST Practitioner & Accounts )
(14147 Points)
Replied 16 November 2017
Are you talking about let out property or self occupied ?.
For let out
Gross Annual value ------
Less - 1)Municipal tax (paid and borne by owner ) ------
Net Annual value
Less-1) standard Deductions under section 24 - @ 30% of net annual value ------
2) Any interest on borrowed fund . -------
You will get Taxable income form House property . -------
Sunil Ahmad
(Student)
(1511 Points)
Replied 16 November 2017
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"