Private car rental income shown as other income
This query is : Resolved
05 July 2017
I am a salaried person. i buy a car for private use. I am also use the car for rental.
So, this rental income shown as other income in IT. the private car rental income is legal income ?
So, this rental income shown as other income in IT. the private car rental income is legal income ?
05 July 2017
it is ok. Income tax more worried about payment of tax rather than legality of business.
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