Rent income

This query is : Resolved 

20 September 2016 HELLO,
I RECEIVED RS. 1,92,000/- AS OFFICE RENT INCOME IN F.Y. 2015-16.
IS THERE ANY STANDARD DEDUCTION FOR SAME ?

20 September 2016 When you receive rent from House property standard deduction us allowable
Whether it is for office or for residential dies not matter
Si standard deduction @30% allowable on NAV if the property



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