Easy Office
LCI Learning

Income from house property

This query is : Resolved 
Profile Image

Profile Image

(Querist)
31 August 2012 Is standard deduction of 30 % applicable to corporate(Pvt Ltd co) who has leased out property owned by it?
Profile Image

CA AYUSH AGRAWAL

Profile Image

CA AYUSH AGRAWAL (Expert)
31 August 2012 Yes, If They are Booking Their Rent Income as "Income From HP" Head.

Income Shud Be From House Property Only.

Otherwise Book as Business Income.
Profile Image

CA. Subhash Dangi

Profile Image

CA. Subhash Dangi (Expert)
31 August 2012 YES, IT IS APPLICABLE TO COMPANY ALSO
Upgrade to CAclubindia Pro. Subscribe Now!


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess
Let's Talk Money: You've Worked Hard for It, Now Make It Work for You
Click here for more bestsellers


Answer Query



Quick Links