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Rent paid to proprietor is diallowed but repairs, insurance & taxes are allowed right sir?


Shruthi V

Shruthi V

CA Inter

0

28-Sep-20

39

Answers (1)

Repairs, insurance and taxes would be paid to oustiders. The reason it is disallowed is because income is not chargeable to house property if used for business.


Suraj Lakhotia

Suraj Lakhotia

Admin

28-Sep-20

All the Best
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