House property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2013 How do I compute income from House Property, I have received a rent of Rs.1,00,000 in the last financial year.

Ajay Mishra

Ajay Mishra (Expert)
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26 July 2013 It will be covered under other income head. There is no valuation of rented income.

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2013 I work as a commission agent and receive commission income, my son pays me rent which I need to file in my returns along with commission income in ITR 4. Different experts have different opinions regarding where I should be filling rental income, some say it should be done in House property, whilst others say in "Other income".
Could you please clarify which is the right one?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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26 July 2013 house property when rented to any1 under landord-tenant rel is chg under house property as per charging sec 22.

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