"Great things never come from comfort zone"           "Wealthy people invest first and spend what’s left and broke people spend first and invest what’s left"           "Investment is an asset or item that is purchased with the hope that it will generate income or appreciate in the future"           "The secret to getting ahead is getting started.................Start using your Savings to Earn Money"           "The best gift, and investment, you can give your child is your time"           "Investing in your child’s education is never a wasted effort"           "Making money and handling money are both different things"

Answers 

I have rental income of Rs. 6.00 lakh during the year, can i claim the deduction on account of repair & maintenance, if yes what is the amount eligible for deduction?

Total Answers 1

Answer by: VISHAL BANSAL

Yes, you can claim deduction on account of Repair & Maintenance of Rs. 1.80 lakh i.e. ( 30% of Rs. 6.00 lakh) under "Income from House Property" 


Share your answer Make sure to Login befor submitting an answer

© 2024 - EnSkyAR Financial Services