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Rent Cheque

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MANAGER
27 Points Posted on 05 July 2019
We have a proprietary firm with no business activity since last 5 years but in its name there is a property and we want to rent out that property. If we take rent cheque in the name of Properietor will there be any problem.
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On 05 July 2019 at 15:00 Report
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Team Lead
7558 Points Posted on 05 July 2019
There won't be any issues. However it will get to taxable income of proprietor
30 Reply
On 05 July 2019 at 15:18
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Chartered Accountant
181 Points Posted on 05 July 2019
Then propritor must have to show it under the head Income from house property while filing ITR.
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On 05 July 2019 at 20:45
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Chartered Accountant
181 Points Posted on 05 July 2019
Then propritor must have to show it under the head Income from house property while filing ITR.
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On 05 July 2019 at 20:45
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7059 Points Posted on 31 July 2019
good clarification and information
33 Reply
On 31 July 2019 at 14:29


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