Co-operative society tax planning

Tax planning 1249 views 1 replies

if a co-operative hsg society has given its terrace or open ground on lease/rent to mobile tower company , can the income be computed under house property so as to get the 30% std deduction??

thanks...smiley

if aif a co-operative housing society earns through leasing/renting its terrace or open ground space to mobile tower companies, Can it claim the income in House Property?? i mean you get a straight away 30% standard deduction if you do so... thanks...

Read more at: /forum/co-operative-society-tax-planning-247527.asp#.UXpQS0qPQm4
hif a co-operative housing society earns through leasing/renting its terrace or open ground space to mobile tower companies, Can it claim the income in House Property?? i mean you get a straight away 30% standard deduction if you do so... thanks...

Read more at: /forum/co-operative-society-tax-planning-247527.asp#.UXpPm0qPQm4

if a co-operative housing society earns through leasing/renting its terrace or open ground space to mobile tower companies, Can it claim the income in House Property?? i mean you get a straight away 30% standard deduction if you do so... thanks...

Read more at: /forum/co-operative-society-tax-planning-247527.asp#.UXpPm0qPQm4

Replies (1)

It will be taxable under Income from house property.

you may also refer to the following link.

/judiciary/rental-income-from-letting-out-of-terrace-is-to-considered-as-income-from-house-property-subject-to-deduction-under-sec-24-1723.asp

 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details