Dear Sir/Madam,
Can depreciation be claimed on sub-let property please explain me on these.
Thank you
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Can depreciation be claimed on sub-let property
Replies (3)
no, depreciation can not be claim in case of sub letting of property.
Why sir will u please explain me
Income from sub letting is comes under or taxable under the head of income from other source. Income from house property is calculated only by the owner of the property. Income from sub letting is other source of income for the lessee. Also, please feel free to call me for more information on 9867427268. Also, there is a judgement on the same issue by the supreme court.
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