STANDARD DEDUCTION ON RENT


STUDENT CS

Standard deduction on income from house property (rent) is applicable in financial year 2009-10? 

 

 

 

 
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Learner

Dear Sunny,

YES @ 30%


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Proprietor

Yes, 30%


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STUDENT CS

thanx amir sir

 
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Accounts Manager

hi

there is no change in standard deduction 30% only applicable


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Dear Friend

Its applicable @ 30% u/s 24 as on fixed basic whether incurred more,less, equal to or not incurred its allowable @ 30%

 

Regards

 
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C.A. B.Com (H) Graduate

Standard Deduction on rent u/s 24(a) @ 30%............

 
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FCA DISA Mcom CIFRS & LLB

yes

 
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Chartered Accountant in Whole Time Practice

standard deduction U/s 24A wiil be allowed 30% for Fy 2009-10 in house property Head

 
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Professionalism ™

yea its available @ 30% of Net Annual Value (Gross Annual Value-Municipal Taxes paid by owner)

 
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