Son lives in the USA. He gave Poeer of Attorney of a residential house property to his Father, Mr. Joy.
Mr. Joy is in receipt of monthly rent of Rs. 15,000/- from the tenant residing in the above mentioned residential house property.
Query 1. Does Mr. Joy have to show that Monthly receipt of Rs. 15,000/- (Annually Rs.1,80,000/-) in I.T. Return as House Property Income?
Query 2. Does Mr. Joy's Son have to file an I.T. Return?
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Power of Attorney and House Property Income
Replies (2)
The rent is not joy's income
if the son is not having any other income then he need not file return
if the son is not having any other income then he need not file return
Ok thanks.
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