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Income Tax - Highlights / Catch Notes

Home Highlights May 2012 Year 2012 This

Business Expenses or Expenditures deductible u/s 23 from rental ...

Case Laws     Income Tax

May 12, 2012

Business Expenses or Expenditures deductible u/s 23 from rental income - only two types of deductions are possible, namely, 30% of the total annual value and amount of interest paid for acquisition of property.

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