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Rent income from land

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(Querist)
03 September 2013 If only plot of land is given on rent then can 30% standard deduction be taken??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
03 September 2013 renting plot is not comes under income from house property u/s.22. so there is no question of 30% standard deduction
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CA Pallav Singhania

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CA Pallav Singhania (Expert)
03 September 2013 Agree with Mr. Ramesh Sir,
HP income only be considered when there is a superstructure on the land..
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