Rental income from house property must be reported in your ITR even if the tenant did not deduct tax.
Key points for landlords
- Choose correct ITR (often ITR-2 if you have multiple properties)
- Standard deduction under Section 24
- Interest on home loan set-off rules
- TDS under Section 194-IB for rent above threshold
We file returns via personal tax services and advise on home loan tax benefits.
