machinery rental income
standerd deduction 30% is available or not when make a income tax filing
Menu
Machinery rent
Replies (3)
Quick Summary
Machinery rent can't be treated as income from house property
IFOS.... No standard deduction allowed..
Machinery rental lncome is a income from other sources. No standard deduction will be available. However you are eligible for Depreciation
Recent Topics :
- LTCG: Home Loan Principal Repayment?
- Ims action relationship query
- GIFT REGARDING
- TDS on salary to non resident managing director
- Ewaybill and Transport documents (Lorry receipt)
- LTCG on sale of Builder Buyer Agreement
- Rule 13(2)(h) and valuation of CCDs
- Leave encashment, New labour code, Management cadr
- GST clarification needed:
- TDS processed with short deduction default
Related Topics :
CAclubindia
