Addition under the head income from house property - A.O is ...

Tax Officer Must Deduct Tenant Service Costs Before Calculating Property's Annual Rental Value; 30% Deduction Under Sec 24 Allowed.

January 8, 2016

Case Laws Income Tax AT

Addition under the head income from house property - A.O is directed to reduce the expenses incurred by the assessee for rendering additional services to the tenants for arriving at annual rental value and thereafter, on such annual rental value, deduction u/s 24 of the Act @ 30% is to be allowed. - AT

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Addition under the head income from house property - A.O is ...

Tax Officer Must Deduct Tenant Service Costs Before Calculating Property's Annual Rental Value; 30% Deduction Under Sec 24 Allowed.

January 8, 2016

Case Laws Income Tax AT

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