Renting out immovable property

145 views
User Avatar

2 Points Posted on 11 October 2018

I have a house with shops at the front now I want to rent the entire house for commercial rent and take another house for rent, can I claim the rent for deduction of my new house for tax purposes thanks 

0 Reply Share Follow
On 11 October 2018 at 00:22 Report
Replies (2)
User Avatar

45 Points Posted on 11 October 2018
No. Rent from HP received will be liable for tax provision section 23 to 27.
Reply
On 11 October 2018 at 05:26
User Avatar

"Do the Right Thing...!!!"
128157 Points Posted on 11 October 2018
Yes... You can claim.
1 Reply
On 11 October 2018 at 06:25

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. Export Compliance
  2. Sale of plots in open land
  3. Income tax query
  4. Best CA Inter coaching in laxmi nagar
  5. HOW TO SELL SHARES OF PRIVATE LIMITED COMPANY SOME
  6. Unregistered Association of Persons (AOP) Agreemen
  7. Intimation u/s 245 of income tax act
  8. Ewaybill query
  9. IDS Refund: GSTR-2B Invoice Not Validated in State
  10. Self assessment tax paid not reflected in ITR2 fil

More recent discussions | Post

Related Topics :

Loading