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Incom tax for rented property

This query is : Resolved 
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(Querist)
12 December 2018 I have two home in Pune, one is self occupied where second is rented.
There is no home loan available against rented property.

Is this Rent amount taxable or not as no home loan available against this property and Should I need to declare income against rented property for rent amount ?
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CA Rinkal

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CA Rinkal (Expert)
12 December 2018 dear

Income from rented property must be taxable under rent from house property, availing facility of Home loan does not let you move from tax liability.
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KAVIRAJA ADDANGADI

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KAVIRAJA ADDANGADI (Expert)
13 December 2018 Income from rented property taxable under income from House Property, you can avail 30% deduction as repairs and maintenance u/s 24
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