Simplified Method for Calculating Rental Income from Property for Taxation | Tax Professional Blogs | Scoop.it

Investing in real estate is frequently regarded as a safe way to generate consistent income through rental. Rental income, on the other hand, is taxed. The rental income of landlords is taxed at the applicable tax slab rates under the 'Income from House Property' category. This page describes the rental income taxation process and income computation. Learn how rental income is calculated for tax purposes, as well as information on taxation on rented property purchased with a loan.