09 March 2017
My friend has rental income from 3 properties. One from residential and two from commercial property . So can i avail 30 deduction in all three rental income?
10 March 2017
Income from residential property can be shown under the head income from house property & deductions relevant to this property are available.Income from two commercial properties are rental income under the head of business income & relevant deductions are available for that purpose.
CAclubindia
