Hosue rental income & income tax applicability

Balaji Subbu (SAP FICO) (220 Points)

16 October 2016  

Dear Respected Friends

My age is 51, Male, so not going to jobs

My planned income for Ap2016-Mar2017

  1. SB account interest income Rs 4000 pa
  2. Rental income from my Apartment xyz Rs 1,50,000 pa (I am staying in my own Apartment-ABC)
  3. Both Apartment purchased with Ready cash (no bank loan)
  4. FD interest Rs 15000 pa

Please let me have your valuable advises about  income tax applicability to the above headings

 

Adv thanks

Cheers

Balaji Subbu