Rental income from 2nd house property.

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sumitendra (Querist)
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18 October 2013 Like to know - what type of exemption is allowed against this income and the related Section.

CS,CA F,Numrologi TusharSampat (Expert)
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18 October 2013 Under sec 24(a)- sTANDARD DEDUCTION OF 30% of Gross annual value.

24(b)-Int on loan.

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@VaibhavJ (Expert)
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18 October 2013 Also you can claim deduction of property tax paid by you.

Thanks

@VaibhavJ (Expert)
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18 October 2013 Also you can claim deduction of property tax paid by you.

Thanks

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