POSTED BY September 26, 2010 8:36 am COMMENTS (2)
ONHi,
I am a NRI and a flat in Hyderabad for which I am getting Rs. 3000/month rent. Do I have topay income tax or any other tax on the rental income?
Thanks
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Rahul
what you have to see is your total income, if your total income overall including this 3000 per month comes under tax slab , then yes you have to pay tax , if this 3000 is your only income in a year , then as Gaurav pointed out . NO
Manish
If it is 3000/month you are well below the taxable limit. If higher you are required to pay taxes.