income from house property

This query is : Resolved 

23 January 2009 while calculating income from house property.. if the rent received is lesser than the municipal taxes paid (i.e property taxes for the past years paid now ) . Can the remaining negative amount be claimed as loss from house property and can be adjusted from other incomes.?? and whether 30% repairs be claimed from rent received ?? kindly clarify my doubt i am in dire need of this answer??




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries