Rental income of a person other than the owner cannot be charged to tax under the head “Income from house property”.Rental income received by a tenant from sub-letting is taxable under the head “Income from other sources” or profits and gains from business or profession, as the case may be.
It is to be note that rental income in the hands of owner is charged to tax under the head “Income from house property.
Rental Income from Subletting cannot be charged to tax under the head Income from house property.
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