Tax planning with ifhp

Kumaran (Team Manager) (28 Points)

05 November 2011  

Hi,

Can some one help me out with tips for tax planning for my income from house property. I heard i can split the rental income between rent for the property and other amenity charges which is exempted from tax. Ist true? if yes what is the relevant section in IT act which i can refer to get more details about this.

 

Tnx,

Kumaran