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    Income from House Property

    Posted By : NISHA / Published on : 14-Mar-2018 11:13 PM / View : 598 / Comment : 1

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    Is rental income from sub-letting chargeable to tax under the head “Income from house property”?
    Read more on : property house income

    • Dear Nisha,

      Rental income in the hands of owner is charged to tax under the head “Income from house property”. Rental income of a person other than the owner cannot be charged to tax under the head “Income from house property”. Hence, 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.

      14-03-2018 / 05:25:15 AM
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