rental income

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sir and mam mere papa ko rent income aati hai kuch cheque se kuch cash main around 120000 yearly .and but property registered my mother name .tou kya mere papa ki ye income under the head house property hai.ya nhi .
Replies (11)

No. The income will be clubbed in your mother's income as she is the owner.

sir but income user is my father how i m treat this income which head of part.

It will be shown under income from house property in your mother's ITR.

sir last question ager mother itr file na kare and father ki income main nhi dika sakte.iss income ko.
sir last question ager mother itr file na kare and father ki income main nhi dika sakte.iss income ko.

It is the law. If you don't follow it and in future, the case is scrutinized, you'll have to justify, which would be unnecessary because the law is clear about it.

ok thanku so much sir.
ok thanku so much sir.

do we have any formate to provide rent receipt on commercial property... as we would be charging gst and they want receipt voucher.

 

is there any ready format ?

 

Regards

Keyur

 

sir and mam mere papa ko rent income aati hai kuch cheque se kuch cash main around 120000 yearly .and but property registered my mother name .tou kya mere papa ki ye income under the head house property hai.ya nhi .
sir and mam mere papa ko rent income aati hai kuch cheque se kuch cash main around 120000 yearly .and but property registered my mother name .tou kya mere papa ki ye income under the head house property hai.ya nhi .


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