Which sections of the Income-tax Act, 2025 deal with income under the head Income from house property?
Part C of Chapter IV of the Income-tax Act, 2025, headed Income from house property, runs from section 20, the charging provision, to section 25, which defines owner for the…
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Which sections of the Income-tax Act, 2025 deal with income under the head Income from house property?
Answer and explanation
Correct answer B
Part C of Chapter IV of the Income-tax Act, 2025, headed Income from house property, runs from section 20, the charging provision, to section 25, which defines owner for the purposes of sections 20 to 24. The answer is therefore "Sections 20 to 25"; sections 15 to 19 deal with salaries and sections 26 to 66 with profits and gains of business or profession. Sections 20 to 25 correspond to sections 22 to 27 of the repealed Income-tax Act, 1961.
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