U/S 10 DEDUCTION

I have received consultant fees and also received rent , both income shown in 26AS.

can I get any deduction in u/s 10

Replies (2)
Quick Summary
This discussion clarifies potential deductions under Section 10 of the Income Tax Act for consultant fees and rent income. While there isn't a direct U/S 10 deduction for these, advice is given to explore Section 44ADA for consultant fees and Section 24(b) for rent income, which offer standard deductions.

1. For consultation fees check deduction available u/s. 44ADA, if applicable.

2. For rent standard deduction u/s. 24(b) of IT act...

3. No specific deduction u/s. 10 of IT act...

Agree with above comment

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