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Subletting firm taxation

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 March 2018 Sir,what is the treatment of rental income from subletting?is it business income?which is the ITR to be filed?what are the assets of such a firm other than bank and cash as the building is not owned?please help
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
17 March 2018 Income from sub letting is assessed to tax under rent from house property.
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K Srinivas, CMA CS

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K Srinivas, CMA CS (Expert)
17 March 2018 For the rest of queries, detailed information is required
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