Easy Office
LCI Learning

Income From HP

This query is : Resolved 

19 January 2011 Hi All,

A Person basicaly NRI and having a Commercial rental palce in Chennai in its own name and given for rent purpose and he collecting rent from tenant and tenant also deducting TDS for Rent and the tenant depositing amount to his NRO account.
(NRI having only the rental Income no other income in India).

Now my query is

1. The Income from HP is taxed under which rate?

a). Individual slabs are applicable?

b) If there any Spl rate of Tax for this?

please give a suggesstion.

19 January 2011 Individual slabs are applicable



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query