Rent received by original tenant from sub-tenant is taxable under the head

Related MCQs

• Mr. Shushant is the owner of a house, the details of which are given below the gross annual value would be Municipal value ` 36,000 Actual rent ` 32,000 Fair Rent ` 36,000 Standard Rent ` 40,000
• 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. Rental income of Laxman is taxable under the head .
• Calculate the Gross Annual Value from the following details: Municipal Value ` 45,000 Fair rental value ` 50,000 Standard Rent ` 48,000 Actual Rent ` 42,000
• If fair rent is not gives, then assume………….as fair rent.
• For computation of Gross Annual Value, if actual rent is more than expected rent, then we select the .
• Arrear rent is taxable after deducting…………..as per Section 25B of the Income Tax Act, 1961.
• Value of rent-free accommodation in case of Government employee shall be taxable up to
• The house rent allowance (HRA) under the salary head of Income Tax Act is given by
• Rent from House Property let out by an assessee to his employees when such letting is incidental to his main business will be chargeable to tax under head .
• The salary of Member of Parliament is taxable under the head .