Re: rent income


12 March 2019 Dear All

I have a query about rental income.

GAV 540000
- MT 0
NAV 540000

-Less SD30% 162000

TAXABLE 378000

Whether we can claim 2.5 lacs exemption for this or pay full tax on the value

Please do the needful

12 March 2019 yes, exemption upto Rs.2.50 lakhs is available against this rental income.



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