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Rent received from house property


13 March 2009 Dear Sir,

i am salaried person and my total salary for f.y. 08-09 is 193000/- (including march salary) and my investments are for rs. 33156/-. and i have given my first floor on rent for rs. 10000/- per month and i want to ask that total rent received is taxable for me or not. i have not paid any munncipal tax/house tax in this year due to non applicability the same and its my own house.

13 March 2009 Yes, Rent received will be taxable in your hand.




14 March 2009 can u please tell me that what is the calculation for the same. any excel file which can help me or another one?



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