House rent deduction
This query is : Resolved
13 May 2013
A PERSON IS DOING BUSINESS ,HE IS PAYING HOUSE RENT ALSO
WHETHER DEDUCTION IS AVAILIABLE?
WHETHER DEDUCTION IS AVAILIABLE?
13 May 2013
what is the end use of that house?
if residential purpose: no deduction u/h pgbp
if for business use: yes,deduction is available
if residential purpose: no deduction u/h pgbp
if for business use: yes,deduction is available
13 May 2013
Deduction is possible with in the conditions of section 80GG of the Income tax Act,1961.
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