Income tax deduction of rent income

Tax planning 195 views 2 replies

I have a rent income from House Property which I added in my income. But I spent some amount for repairs of the same property. Can I deduct these expenses from My rent income while filing I T Return

Replies (2)

NO. NOT ALLOWED EXCEPT STANDARD DEDUCTION OF 30% UNDER SEC. 24.

Sec 10(13A) rule 2A


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