nri - owing flats in chennai - income tax?
as a NRI, if i own 10+ flats in chennai and get rent out of it.
will i be under Income tax scrutiny
- Anonymous8 years agoBest answer
Yes, you have to pay tax, as the tax is applicable on rental income also.
- 8 years ago
Yes. You have to pay tax for all the incomes accrue or arise in India.Source(s): http://www.accounting-n-taxation.com
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