Co-operative society tax planning

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

 

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
ARTICLESHIP 28 July 2026
Article/Intern/Semi-Qualified/Fresher B.Com

VNSS & Co

Mumbai

Others

View Details
Company
22 July 2026
Senior Chartered Accountant

SKSS

Patna

CA

View Details
Company
29 July 2026
ACCOUNTANT

ONESTEP GST SOLUTION

New Delhi

B.Com

View Details
Company
29 July 2026
Audit Executive

RBSM Corporate Advisors Private Limited

Pune

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Follow