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Commerce · Q565

Income Tax and Corporate Tax

Graduate and Post Graduate · Commerce · question 565

Q565

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

A.
25% of annual value
B.
10% of annual value
C.
30% of annual value
Answer
D.
20% of annual value

Answer: Option C

Solution

Answer: Option C
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