TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income-tax Act Section 24 Amended: Deduction for Repairs and Rent Collection Introduced, Clause (viii) Omitted Effective April 1993.</h1> Section 24 of the Income-tax Act is amended effective April 1, 1993. The amendment replaces clause (i) in subsection (1) to allow a deduction equal to one-fifth of the annual value for repairs and rent collection from the property. Additionally, clause (viii) is omitted from the section. These changes are part of the Finance Act, 1992, concerning direct taxes and income tax regulations.
TaxTMI 
TaxTMI 
