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I want to rent my property. Do I need to pay tax for the rental income?

Q: Is the income from rent comes under income tax? Do I need to pay tax for the income from rent?

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1
Yes Ashish, the income from property rent comes under taxable income. To get more highlight on that you can read http://www.commonfloor.com/stories/naredco-wants-some-boost-up-from-finance-ministry-15139, an article on commonfloor.
Sivakiran


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