Income tax
Querist : Anonymous
PLS SUGGEST.
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Rent Received-amount utilised for rent=Taxable Income.
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Querist : Anonymous
ONE MORE THING, IN WHICH HEAD ABOVE RENT WILL BE TAXABLE?
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The Income received is taxable under the residual head of Income From ....Other Sources.
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U/s 57 Deduction can also be claimed.
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Querist : Anonymous
HAVE A NICE DAY
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