Q328
If an assesses earns rent from a sub-tenant in respect to tenanted property let out as a residence, the said rent is:
A.
Exempted under Section 10
B.
Taxable under the head income from house property
C.
Taxable as business income, as the letting out is a commercial activity
D.
Taxable as income from other sources
AnswerAnswer: Option D
Solution
Answer: Option D
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