Allowable exps in partnership from house property incom
This query is : Resolved
05 April 2014
Partnership earn income from house property and firm has huge b/f losses. Then firm which type of expenses claim under house property income and b/f losses set off against the house property income.
05 April 2014
rental income - house tax - 30% of remaining u/s 24 as deduction can calim
business loss can set off with business income, house property loss can set off with house property income.
business loss can set off with business income, house property loss can set off with house property income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax implications of gift to maternal uncle
- PAN Migration to New AO
- 26QB correction - no data available error for fully consumed/processed with default
- Input Tax Credit Puf panels
- Real estate business by a partnership firm where both of the partners are SC/ST
- Capital gains LTCG
- TDS on Purchase of Immovable Property in case of Co Owner
- Demand due to error in 3cd
- How to open attachment in 23ac xbrl
- GST on house property
- Travel Agent Charges 5 % GST without ITC. Can he raise invoice @ 18% on Service Fee for Flight Tick
- Income tax planning
- Please help with SAC Codes (6 digits) for below mentioned services provided by Chartered Accountant
- Printing Press under Composition Scheme
- 140-A Tax Wrongly Paid PAN No
- CSR funding for private limited companies
- Professional tax deduction monthly
- Refund Application in RFD 01 for Export without payment of tax
- Ewaybill bill to ship from
- Fail to issue gst invoice from last 46 months
Trending Online Classes
-
Certification Course on GSTR-3B Reconciliation with GSTR-2B through Chat GPT
CA Deepak Gupta26 April 2025
CAclubindia
