If we register the Leave and Licence Agreement or Rent Agreement for residential House in court, then can we deduct the Stamp duty + Court Fee + Brokerage charges from Income from property? Thank you!
Menu
Income from property:deduction of lease agreement reg fee?
Replies (2)
No such deduction will be allowed because you get a fixed standard deduction of 30% of rental income, which covers more than all of your expenses.
Thank you for the clarification. regards, Vishwajeet
Recent Threads
- International Tax clarification UK.
- E way bill expired penalty
- Best SME Focused AIF Funds in India for High Growt
- How does employee management software help in stat
- Clarification Required – Section 18 of Wage
- How to split freelance project income with a frien
- 194a for A y 2024-25
- Compensation & Benefits
- SAC code and GST rate transport services for anima
- Section 44AB is Gone — How Different is Tax
Related Threads
CAclubindia
