Hi All,
A Person basicaly NRI and having a Commercial rental palce in Chennai in its own name and given for rent purpose and he collecting rent from tenant and tenant also deducting TDS for Rent and the tenant depositing amount to his NRO account.
(NRI having only the rental Income no other income in India).
Now my query is
1. The Income from HP is taxed under which rate?
a). Individual slabs are applicable?
b) If there any Spl rate of Tax for this?
please give a suggesstion
Menu
Income From HP
Replies (20)
Individual slabs are applicable
Yes agree with above answer.
Is there any section for that?
| Originally posted by : Manmohan | ||
 |
Individual slabs are applicable |
 |
indivisual slabs r applicable for sure
n there is no spe sec. for it
ind slabz r applicable
Individual slabs are applicable
YES AGREE WITH ALL INDIVIDUAL SLABS ARE APPLICABLE......
Regards,
Siddharth Bumb
Mb:- +917709774040
Individual tax slabs applicable
charged to tax as recieved in india......
yes.......individual slab rate will be applicable.
| Originally posted by : Khushboo Agrawal | ||
|
|
indivisual slabs r applicable for sure n there is no spe sec. for it |
|
Agreed with all d frnds solution.
It is taxable in case of Resident person as income tax slab rates
I am also agree with aal
Recent Topic
- Retirement funds under new tax regime
- GTA Annexure V Non Compliance
- Calculation of Demand due to interest u/s 220(2)
- Legal profession business code in section 44ADA
- Whether Indexed Capital Loss Can Be Claimed Under
- Form 145 and 146 Foreign Remittance in Excel Forma
- E invoice missed out/not generated for FY2025-26
- Can a broker's software legally override actual po
- Startup exit in Sept 2025: Can I still save LTCG t
- Need advice
Related Topics
CAclubindia
