dear seniors member
my friends have received 36000 ₹ per month.how many pay tax income from house property.
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Is this taxable rent amount of 5000 per month
Replies (4)
Is there any other income of that person ??
No sir
You have to show this Rental Income under the head "INCOME FROM HOUSE PROPERTY". File ITR-1 ( assuming that you have only 1 House Property Rental Income ).
If income is less than 5lakh
no tax
no tax
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