Question

deduction available from income from self occupied house property​

Answer 1

Answer:

Standard Deduction – Standard Deduction is 30% of the Net Annual Value calculated above. This 30% deduction is allowed even when your actual expenditure on the property is higher or lower. ... For a self-occupied house property, since the Annual Value is Nil, the standard deduction is also zero on such a property.

Answer 2

Answer:

Standard Deduction – Standard Deduction is 30% of the Net Annual Value calculated above. This 30% deduction is allowed even when your actual expenditure on the property is higher or lower. ... For a self-occupied house property, since the Annual Value is Nil, the standard deduction is also zero on such a property.