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Chargeable to TAX ??

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(Querist)
01 August 2010
I hve a h.p property which is partly self occupied and partly rented,

the income recieved from such rent is exempted or taxable under which section ?

thanks ,
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srinath

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srinath (Expert)
01 August 2010 the rent recd from house property is taxable

u can claim standard deduction of 30% on the annual value u/s 24

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