House property

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2012 Hello Friends can u help me out.
I am the flat owner in delhi.
i HAVE paid ground rent To DDA i addition to this i have incurred maintenance expenses for the same.
tell me whether both these expenses incurred are eligible for deduction from house property income?????

Thanks

CA Dileep Surya Kumar

CA Dileep Surya Kumar (Expert)
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27 June 2012 There is a specific standard deduction of 30% is allowable irrespective of your actual expenses like maintenance and others in computing Income from house property , no other expenses are allowed except municipal taxes and interest paid on loan taken for construction or repairs to the house property..

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Querist : Anonymous

Querist : Anonymous (Querist)

27 June 2012 thank you Sir,
So you mean ground rent paid to dda is not eligible for deduction?

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