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There are 2 deductions from GAV to arrive at Income from House Property

1.Standard Deduction

2.Interest on Housing Loan

as shown below

  
NAVXX
Less 
Deductions from House Property 
Standard DeductionXX
Interest on Housing LoanXX
income from House PropertyXX

 Lets study these in detail

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CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 6 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com.
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