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Direct Taxation

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

Shruthi V

Shruthi V

CA Inter

★ 0

28-Sep-20 12:00

336

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.

CA Suraj Lakhotia

CA Suraj Lakhotia

Admin

28-Sep-20 16:17

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