Interest > 20 Lakhs
This query is : Resolved
15 August 2022
Dear Sir,
I request you to kindly clarify below points. I have income from house rent and interest from FDs. My interest income may exceed 20 lakhs and house rent may be around 5 lakhs. I would like to know is there any other tax rules I should follow if my income from interest is more than 20 lakhs. Please clarify.
Regards,
Rajanna
I request you to kindly clarify below points. I have income from house rent and interest from FDs. My interest income may exceed 20 lakhs and house rent may be around 5 lakhs. I would like to know is there any other tax rules I should follow if my income from interest is more than 20 lakhs. Please clarify.
Regards,
Rajanna
16 August 2022
No such compliance, till there is no business activity.
16 August 2022
Is it required to register for GST if my income from house rent and interest income exceeds 20 Lakhs. Please help me to clarify.
Rgds
Rajanna
Bangalore
Rgds
Rajanna
Bangalore
16 August 2022
If the house rented for residential purpose, then no.
Otherwise Yes...
Otherwise Yes...
Message likes :
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16 August 2022
Dear sir,
Thank you very much. My house is rented for residential purpose only.
Thank you very much. My house is rented for residential purpose only.
16 August 2022
Good Luck ..
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