if a person gave a room in their house on rent...the money was transferred to the persons account online marked as rent but renter is not claiming the hra on it...should that income be disclosed also under what header?
4 Replies
Kapadia Pravin
(17259 Points)
Replied 27 August 2019
it is rent Income in the nature of paying guest charges. Take this income under Other sources of income
Recent Topics
- RCM payment Due Date
- 2B ITC reconciliation
- Rent received NRI in lieu displacement due to rede
- Restrictions in ITC
- 27Q Confirmation Notice from IT Department
- GST Registration CANCELLATION a
- Returns date of filling gstr1 3b
- GST Portal is Live Now
- ITR for Stamp Duty and Registration Charges for Tr
- RCM on Rent Paid by Composition Dealers
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert14 February 2025 -
Survey, Search and Seizure under Income Tax Act 1961
CA Hari Agarwal
CAclubindia
