Check sibling questions

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

1.Standard Deduction

2.Interest on Housing Loan

as shown below

   
NAV XX
Less  
Deductions from House Property  
Standard Deduction XX
Interest on Housing Loan XX
income from House Property XX

 Lets study these in detail

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling

Made by

CA Maninder Singh

CA Maninder Singh is a Chartered Accountant for the past 12 years. He also provides Accounts Tax GST Training in Delhi and Kerala.