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Income Tax - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Income from a let out house property - If a particular type of ...

Case Laws     Income Tax

June 22, 2017

Income from a let out house property - If a particular type of expenditure is not specifically provided to be deductible, deduction, therefore, cannot be claimed from out of the annual value. Neither section 23 nor section 24 provides for the deduction of the expenses incurred towards the stamp duty or registration charges in respect of the lease.

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