While computing income chargeable to tax under the head “Income from house property” in the case of a let-out property, only following items can be claimed as deductions from gross annual value. In other words...
Category - Income Tax
Taxwizers Consultant
Taxwizers ConsultantIncome of Educational Institutions [Section 10(23C)(iiiab)/(iiiad)/(vi)] and Income of Hospital [Section 10(23C)(iiiac)/(iiiae)/(via)]
Income of Educational Institutions Section 10(23C)(iiiab) Income of any university or other educational institution existing solely for educational purposes and not for purposes of profit, and which is wholly or...
Meaning of Self-occupied property
A self-occupied property means a property owned by the taxpayer which is occupied throughout the year by the owner for the purposes of his own residence and is not actually let out during the whole or any part of the...
Taxwizers Consultant
