banner_ad

House property

192 views 3 replies
if an assessee earns rent from a sub-tenent in respect to tenanted property, let out as a residence. the said rent is -
1. exempted u/s 10
2. taxable the under the head income from house property.
3. taxable as business income, as the letting out is commercial activity.
4. taxable as income from other sources

which one is correct ans. pls
Replies (3)
Rental income in the hands of owner is charged to tax under the head “Income from house property”.
Rental income received by a tenant from sub-letting cannot be charged to tax under the head “Income from house property”. Such income is taxable under the head “Income from other sources” or profits and gains from business or profession, as the case may be.​
Ok thank u
Most welcome..............


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 April 2026
Internal Auditor

SNCO

Mumbai

CA Inter

View Details
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
11 May 2026
Post office

Post office

Anakapalle

Others

View Details
Company
01 May 2026
Chartered Accountant

Agrawal Jain & Co.

Raipur

CA

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details