Mr. Ram owns a house property. He lent it to Laxman at ` 10,000 p.m.Laxman sublet it to Mr. Maruti on monthly rent of ` 20,000 p.m. Rentalincome of Laxman is taxable under the head .
A) income from salary
B) income from other sources
C) income from house property
D) income from business
Correct Answer:
Verified
Q1: Under the Head Income from House Property,
Q3: An individual who transfers house property without
Q4: Mr. R owns a house. The Municipal
Q5: If the individual using the property for
Q6: If the assesses let out the building
Q7: Calculate the Gross Annual Value from the
Q8: Which of the following is not a
Q9: ,67,000. While computing income from house property,
Q10: Deduction for other expenses except interest in
Q11: Arrear rent is taxable after deducting…………..as per
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