HUF RENTAL INCOME

Page no : 2

sanjith kotni (Articled assistant) (663 Points)
Replied 30 April 2020

Hey I think u don't know anything about sec 24 standard deduction against house property .
Why didi u bring salary into the issue .The query is about rental income.

Having lot of fun here .But it's not right place

2 Like

Upgrade to CAclubindia Pro. Subscribe Now!

sabyasachi mukherjee (27515 Points)
Replied 01 May 2020

Standard deduction applicable for whom dear?
rental income

u are having lot of fun here...

Kiran Hathalia (837 Points)
Replied 01 May 2020

@ Sabyasachi.. kindly provide me the extract of the provisions so that even I can read.

@ Kotni.. Did u find anything regarding this?

sabyasachi mukherjee (27515 Points)
Replied 01 May 2020

Send me your request.

I will let u know.

Kiran Hathalia (837 Points)
Replied 01 May 2020

Kindly provide the extract here..

Upgrade to CAclubindia Pro. Subscribe Now!

sabyasachi mukherjee (27515 Points)
Replied 01 May 2020

If u do not know sec 16 read it and get back to me...

read it and get back to me.

ambiguous query need not be discuused so long....

Kiran Hathalia (837 Points)
Replied 01 May 2020

For your kind information Mr. Sabyasachi.. here we are not talking about standard deduction of section 16, we are talking about standard deduction of section 24 I.e.30%.

sabyasachi mukherjee (27515 Points)
Replied 02 May 2020

Fir your kind information, why u hv considered STDs deduction income from house property.

Kiran Hathalia (837 Points)
Replied 02 May 2020

Are you out of your mind? standard deduction has to be considered.Better u read section 24.

sabyasachi mukherjee (27515 Points)
Replied 03 May 2020

That has no connection with the original query

I am absolutely aware of the same.
Sec 24 deals with deduction for interest on loan.
Do not try to twist things as per your requirements.