R has taken a house on rent and sublets the same to G. Income from such house property shall be taxable under the head :

CS Executive · Tax Laws and Practice · PYQS · June 2017
R has taken a house on rent and sublets the same to G. Income from such house property shall be taxable under the head :
(A) income from house property
(B) income from other sources
(C) income from house property or income from other sources as decided by R
(D) none of the above

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Income Tax

Open in Interactive Practice Hub · Full Practice Hub · Chapter Weightage · More in this subject

Related Questions in this Topic