house rent income

Tax queries 475 views 39 replies
I own one house.i have given on rental basis 20000 monthly.i am staying as tenant in other person house giving him 20000 rent monthly.i receive hra 6500.how is tax calculated
Replies (39)
Rental income is "Income from House Property"
but have only house
but have only one house
Due date is approaching soon please contact a local CA.
HRA is fully taxable as you own your own house.
but I have given my house on rent 20000 and staying at other person house as tenant giving him 20000 rent
How rent allow Max 24000.But, it's apply after some calculations.....

And Your received HRA is also Taxable...
(but I have given my house on rent 20000 and staying at other person house as tenant giving him 20000 rent)
If I'm going to any tour, I ll stay small hotel. But, Ambani is staying 5star it's not a matter, You give 20000 or 20,00,000. Income tax Dept can't allow....
what tax amount should I pay for receiving 20000 rent with 20 percent
is there any exemption
is there any exemption
Your tax calculate based your income. After deductions then what figure ll be come then calculate tax on income.....
mumbai is very big for convience for saving time of travelling I do it
what will be tax to be paid in 20 percent slab


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register