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
Menu
Income tax deduction of rent income
Replies (2)
Quick Summary
NO. NOT ALLOWED EXCEPT STANDARD DEDUCTION OF 30% UNDER SEC. 24.
Sec 10(13A) rule 2A
Recent Topics :
- Does AIS GST Purchase aggregate GSTR-2B expenses?
- Form 26A - System has encountered some technical p
- Tool to convert GST invoice PDFs into Excel —
- Revised or rectification or leave it?
- Private limited tax audit
- LTCG - SEC54
- Foreign remittance from our client for Co Working
- UDIN generation
- Reply plz guys
- Tax Deduction and Collection Account Number
Related Topics :
CAclubindia
