Answer / rohit

first v have to see muncipal value or fair rentel value of
the house which ever is hire but not hire then stendered
rent and then 30% texis less after it loan on counstruction
paid buy assessee is addable in half

Answer / m s nageswara rao

Annual lettable value or Actual rent received or receivable
Which ever is higher is the rent income XXXXXX
Less Municipal Taxes actual Paid xxx
-------
XXXX
Less 30 % of repairs irrestective
of irrespective of incurred or not xxx
Interest on Housing loan XX
---- XXXX
-----
Net income from H P XXX
----

Answer / 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.

can a company/firm give more than 20000 rs in cash in a day to his employee as an advance for day to day exp ( not for purchase a capital asset )

3 Answers   Gammon,

---

what is WCT?

4 Answers   DHL, WCT,

---

what is the rate of interest when an assesse paid tax after the due date in the prescribed time limit?

0 Answers  

---

How many form C we can issue or receive in 1 quarter against Inter state purchase or sales

9 Answers   Alstom, HBL Power Systems, Piyush Industries,

---

if our provision of taxation of particular year 23000/- and on that year we paid advance tax 20000/-then how we adjust this both amount.......

2 Answers  

---

WHAT IS THE PORVISION OF INCOME TAX & SELF ASSESSMENT TAX AFTER AUDIT IN PVT LTD CO & LTD CO , PLEASE GIEVE ANSWER IN DETAIL WITH ENTERY TO MY E-MAIL ADDRESSS

0 Answers  

---

Define Amortization & Impairment?

2 Answers   OPI Global,

---

what is process of the TDS deduction?

2 Answers   Angel Broking,

---

how to file returne?

0 Answers   Banking,

---

i dont no what is tcs and tds what the use and how to calculate Tcs&Tds

0 Answers   UniverCell,

---

what is F form E-I form and E-II form?

2 Answers  

---

How to entry pass tds of sundary debotors

2 Answers  

---