THE INCOME-TAX BILL 2025
CHAPTER IV
COMPUTATION OF TOTAL INCOME
CLAUSE 20 Income from house property
CLAUSE 21 Determination of annual value.
Clause 22 Deductions from income from house property
CLAUSE 23 Arrears of rent and unrealised rent received subsequently.
CLAUSE 24 Property owned by co-owners
D.— Profits and gains of business or profession
Clause 27 Manner of computing profits and gains of business or profession.
Clause 28 Rent, rates, taxes, repairs and insurance.
Clause 29 Deductions related to employee welfare