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TITIBH SINGHAL (Querist)
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21 July 2018 IF I SUBLEASE ANY HOUSE PROPERTY FOR RS 20000. AND I HAVE PAID RENT TO ORIGINAL OWNER LET SAY RS 5000, THEN HOW CAN I CLAIM THE EXP OF RS 5000? PLEASE SUGGEST ME

CA Suresh Jain

CA Suresh Jain (Expert)
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21 July 2018 Income from sublease is not an income from house property. The income is chargeable under the head "Income from Other Sources" unless you have a business of taking property on lease and subleasing them. The expenses incurred to earn sublease rent can be claimed by you.

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