Rental Income – Deduction Calculator

Select Income Type

Select Tax Year

Gross Rent Received

Repairs Allowance (Max 20% of Gross Rent)

Property Insurance Premium

Local Taxes / Rates / Cess

Ground Rent

Interest on Borrowed Money

HBFC/Bank Rent-Sharing Payments

Interest on Mortgage

Admin & Collection Expenses (Max 4% of Gross Rent)

Legal Expenses for Ownership/Title Suits

Irrecoverable Rent Allowance