Gross property rental income under HP..... Rs. 4,80,000/-
Less: property/ municipal tax...... Rs. 10.560/-
Net rental income Rs. 4,69,440/-
Less: Standard Deduction @ 30%.S24(a) Rs. 1,40,832/-
(this deduction includes all the maintainance and repairs charges)
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
