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Tax audit

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 November 2014 Dear sir

My rental income is around 7800000.Is it compulsorly to do tax audit.if i will pay the
tax @ 8 %.
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Ganeshbabu K

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Ganeshbabu K (Expert)
08 November 2014 Rental income cannot be taxed under business and profession.
.
.
Rental income is required to be chargeable to tax under income from houseproperty

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