TMI BlogWhile computing income chargeable to tax under the head “Income from house property” in the case of a let-out property, what are the expenses to be deducted from gross annual value?X X X X Extracts X X X X X X X X Extracts X X X X ..... rom house property - Income Tax - Frequently Asked Questions (FAQs) - Income Tax - Manuals - Ans. While computing income chargeable to tax under the head Income from house property in the case of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nt of interest on capital borrowed for the purpose of purchase, construction, repair, renewal or reconstruction of the property. (*) Only municipal taxes paid by the owner during the year can ..... X X X X Extracts X X X X X X X X Extracts X X X X
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