expenses regarding rental income

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expenses regarding rental income

Tahir
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01-05-2004, 07:12 PM

Afshan,

while computing the taxable income under the head 'income from property', all admissible expenses including propert tax are claimed in full even if the property remains vacant during the tax year. there is no provision in the law to pro rate the admissible expenses like property tax, interest exp. etc.

Regards,

Tahir

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expenses regarding rental income - by afshan - 01-05-2004, 03:07 AM

[No subject] - by Tahir - 01-05-2004, 07:12 PM

[No subject] - by Sarfaraz - 01-15-2004, 03:21 PM

[No subject] - by aamersikandar - 02-04-2004, 10:28 PM

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