Deduction limit under Section 24 increased, raising the clause (b) proviso threshold effective April 2015. Amendment increases the deductible limit under section 24 by substituting the monetary threshold in clause (b), second proviso, raising the ceiling ... Summary
Deduction limit under Section 24 increased, raising the clause (b) proviso threshold effective April 2015.
Amendment increases the deductible limit under section 24 by substituting the monetary threshold in clause (b), second proviso, raising the ceiling applicable to deductions relating to house property income, with the substitution effective from 1 April 2015.
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