Deduction for other expenses except interest in the computation of income from house property is allowable to the extent of .

Question

Quizplus · Accepted Answer

The deduction for other expenses except interest in the computation of income from house property is allowable to the extent of 30% of the annual value. This is a standard deduction allowed under the Income Tax laws of many countries, including India, to account for expenses related to the property such as repairs, maintenance, and others, without the need to document these expenses.

Deduction for Other Expenses Except Interest in the Computation of Income