How to calculate the interest on housing loan for an LET
OUT PROPERTY?
Answer Posted / pathakchang
In the case of LET out Property, 30% of maintenance charge
is deducted from the actual rental received and the
interest paid, the summation of both is then considered
(after 30% deduction) for the taxation.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what diff. between Account ,Commerce and Finance?
how to calculate tax for the income earners
What is the limitation for loan from pvt ltd company to other sole proprietor company suppose 25 lakhs given. what is the rule at the time of income tax point of view. Please clarify anybody....
What is the WCT percentage under which the amount is being deducted in Punjab. Under what Notification and dated when???????????. Serious Senor I need the answer other wise I would not have posed this question; Please send the answer to the mail address.
how we can access the Tax Deduction through PAN ?.
WHAT WE HAVE TO IF WE MAKE A BILL 5% CST IN PLACE OF 2% CST AND DIPOSIT THE TAX
what is rules of taxation
While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks
what is city commodity tax
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
i paid tds through my bank account but i entered the assessment year as 2010-11(the current year) instead of 2011-12(actual assessment year). what is the remedy for this. how do i get refund for the wrongly paid sum. or is there any way to currect the assessment year?
i want to learn income tax work please tell me about all dedutions exempations and income detail...how to calculate tax on net income
i had received an arrear 0f Rs.700000/- lacs for the period 1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010 to 31.7.10 during aug'2010. my normal salary for 2010-11 is 400000/-. on what amount will my rent free house perquisite be calculated? i have also claimed rebate u/s 89 by distributing my arrear salary in previous years.
Can u provided all the dues date and depositing date which are used in general manner or Income tax..
Can it be prssible, If any person purchase Reliance life insurance policy with nepal residence address profe. If yes then who can deposit nepal curancy in indian branch.