Dear All,
Is maintenance paid for let out house property allowable as deduction or is covered under the standard deduction of 30% u/s 24(b)?
Omkar Shirsat (CA Final Student) (72 Points)
25 March 2014Dear All,
Is maintenance paid for let out house property allowable as deduction or is covered under the standard deduction of 30% u/s 24(b)?
CA Diwanshu Rajpurohit
(Asst. Manager)
(28 Points)
Replied 25 March 2014
There is Mainly two type of Deductions are allowed from income from house property. one is interest and second is standard deduction.
so i can say all other exp like maintainence exp etc. are already included in Std. Deduction.
nikita
(lpcc student)
(29 Points)
Replied 26 March 2014
Ashok Timalsina
(Student)
(22 Points)
Replied 27 March 2014
CA R SEETHARAMAN
(CA Practice )
(143735 Points)
Replied 03 April 2014
CA R SEETHARAMAN
(CA Practice )
(143735 Points)
Replied 03 April 2014
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