House property income

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 September 2012 under which cases a company can computated rental income under the head of income from house property

18 September 2012 Rental income will be taxable under the head 'income from house property' only even if it is a company.

18 September 2012 Yes , I agree with the expert.


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Querist : Anonymous

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Querist : Anonymous (Querist)
18 September 2012 can 30% standard deduction be claimed on renatal income receive by the company

18 September 2012 Yes...of course!!
Deduction of 30% of NAV will be available to company also



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