How NRI Landlords Can Manage Rental Income Tax in India Owning a property in India while living abroad can provide an NRI with a valuable source of regular income. A residential apartment, commercial property, or even a house inherited in India can continue generating rent long after the owner has moved overseas. But while the… Continue reading How NRI Landlords Can Manage Rental Income Tax in India
Category: Property Tax
Why Security Deposits Are Not Rental Income (And the Tax Rules That Apply)
Why Security Deposits Are Not Rental Income (And the Tax Rules That Apply) For landlords, receiving a security deposit can make the bank balance look significantly healthier overnight. A tenant moves into a property, pays the agreed deposit, and suddenly a substantial amount has entered the landlord’s account. It is easy to look at that… Continue reading Why Security Deposits Are Not Rental Income (And the Tax Rules That Apply)
How to Claim Standard Deduction on Rental Income (Section 24)
How to Claim Standard Deduction on Rental Income (Section 24) Rental income is often considered one of the simplest forms of income. A property owner receives rent each month and pays maintenance and other property-related costs. The landlord then calculates the tax payable at the end of the year. However, the tax calculation is not… Continue reading How to Claim Standard Deduction on Rental Income (Section 24)
What is GST on Residential Rent and When Does It Apply to You?
What is GST on Residential Rent and When Does It Apply to You? Renting a house may seem like a simple financial transaction. A landlord rents out a property, and the tenant pays the agreed rent each month. The arrangement continues under the rental agreement. However, GST can make the tax treatment more complex. A… Continue reading What is GST on Residential Rent and When Does It Apply to You?
What is TDS on Rent Under Section 194-IB – Guide for Landlords
What is TDS on Rent Under Section 194-IB – Guide for Landlords If you are a landlord receiving more than ₹50,000 in monthly rent, you may have heard your tenant mention TDS on rent under Section 194-IB. But what exactly is TDS on rent? Who deducts it? When is it deducted? Does the landlord lose… Continue reading What is TDS on Rent Under Section 194-IB – Guide for Landlords
How to Calculate Rental Income Tax in India (With Examples)
How to Calculate Rental Income Tax in India (With Examples) For a landlord, rent received every month looks like a straightforward number. If a property earns ₹50,000 a month, the first instinct is to multiply it by 12 and assume ₹6 lakh is the taxable rental income. The actual calculation is more nuanced. Rental income… Continue reading How to Calculate Rental Income Tax in India (With Examples)
Zero Tax on ₹17 Lakh Rental Income? Here’s How It Works
Zero Tax on ₹17 Lakh Rental Income? Here’s How It Works A Bengaluru CA’s LinkedIn post went viral for revealing a perfectly legal combination of Section 24(a) and Section 87A that can wipe out your entire rental tax bill to zero tax – no receipts required. “The tax code isn’t broken. Most people just don’t… Continue reading Zero Tax on ₹17 Lakh Rental Income? Here’s How It Works
Is There Any GST Change for Property Renting Business in India? (As of September 2025)
Is There Any GST Change for Property Renting Business in India? (As of September 2025) If you’re a landlord, property manager, or someone running PGs/hostels in India, the 56th GST Council Meeting (September 3–4, 2025) made headlines with important tax changes. But does this mean new GST rules for property rentals? Here’s everything you need… Continue reading Is There Any GST Change for Property Renting Business in India? (As of September 2025)
New AMC Rules for PGs & Hostels in Gujarat
The Ahmedabad Municipal Corporation (AMC) has announced strict new rules for Paying Guest (PG), Hostel, Lodging, or Homestay owners in Gujarat operating within city limits. This move comes in response to increasing complaints from residential societies and aims to bring all rental accommodations under standardized safety, zoning, and civic control. These rules are now mandatory… Continue reading New AMC Rules for PGs & Hostels in Gujarat
Tips to Reduce Tax on Rental Income: Expert Advice 2025
Rental income can be a lucrative source of earnings, but high tax obligations can significantly cut into your profits. With smart tax planning and expert-backed strategies, landlords can legally reduce their tax liabilities while maximizing returns. In this guide, we’ll explore practical methods to save on taxes, highlight key deductions, and explain how digital accounting… Continue reading Tips to Reduce Tax on Rental Income: Expert Advice 2025