Renting out immovable property

Tax queries 103 views 2 replies

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 

Replies (2)
No. Rent from HP received will be liable for tax provision section 23 to 27.
Yes... You can claim.


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