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Stdandard deduction u/s.24(a) on income from house property

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(Querist)
16 August 2014 Standard deduction u/s.24(a) on income from house property is 30%.My query is whether it is applicable for income from house property let pout for commercial purposes. Pl.discuss
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
16 August 2014 yes. it is allowed...................
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
16 August 2014 it is allowed irrespective of whether it is used for commercial or residential purpose.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
25 August 2014 yes agrred its allowed...........

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