1.

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
Answer» C. income from house property


Discussion

No Comment Found