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IFHP/Total income

Direct Taxation

If rental income from let out property is given then we have to deduct, 30% std. Deduction or it's already been deducted???

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Nikhil Tiwari

CA Inter

★ 16K+

19-Feb-24 12:34

116

Answers (2)

Best Answer

If rental income is given then we need to deduct standard deduction @30% as per Section 24(a).

Shiva Teja

Faculty

19-Feb-24 15:55

We need to deduct deduction

Revathy N

CA Final

★ 9K+

19-Feb-24 12:39

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