SEC-24 2025

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Whoever does anything with the intention of causing wrongful gain to one person or wrongful loss to another person, is said to do that thing dishonestly.
Under Section 24J, SARS uses the idea of deemed interest paid, which means the interest is recognised for tax purposes as if it accrues steadily over time even if you pay more in the first year and less subsequently.
The value of sec 25 is equal to 1.103377.
Section 24 removes a landlords right to deduct the majority of their finance costs, including mortgage interest and arrangement fees, from their rental income before calculating their tax liability. This means as a landlord you have to pay tax on the gross income you earn from a rental property.
The value of sec 240 is equal to -2.
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Sin 24 degrees is the value of sine trigonometric function for an angle equal to 24 degrees. The value of sin 24 is 0.4067 (approx).
Section 24 of the Income Tax Act lets homeowners claim a deduction of up to Rs. 2 lakhs (Rs. 1,50,000 if you are filing returns for last financial year) on their home loan interest if the owner or his family reside in the house property. The entire interest is waived off as a deduction when the house is on rent.
The value of sec 23 is equal to 1.08636.

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