House property

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2013 How do I compute income from House Property, I have received a rent of Rs.1,00,000 in the last financial year.

Ajay Mishra

Ajay Mishra (Expert)
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26 July 2013 It will be covered under other income head. There is no valuation of rented income.

Querist : Anonymous

Querist : Anonymous (Querist)

26 July 2013 I work as a commission agent and receive commission income, my son pays me rent which I need to file in my returns along with commission income in ITR 4. Different experts have different opinions regarding where I should be filling rental income, some say it should be done in House property, whilst others say in "Other income".
Could you please clarify which is the right one?

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