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Income Tax - Highlights / Catch Notes

Home Highlights July 2013 Year 2013 This

Income from house property shall be computed after making the ...


Understanding Deductions for House Property Income: Key Points from Sections 23 and 24 of the Income Tax Act.

July 27, 2013

Case Laws     Income Tax     AT

Income from house property shall be computed after making the deductions of municipal taxes paid, a sum equal to 30% of annual value and the amount of interest payable on borrowed capital - Other expenses not deductible - sections 23 & 24 - AT

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