Mumbai Resident Earns Rs 17 Lakh Rental Income Tax-Free: Discover the Method

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Mumbai Flat Owner Earns Rs 17 Lakh Rent, Pays Zero Tax: The Smart Technique Revealed

Income Tax: ఇంటి అద్దెతో రూ.17 లక్షల ఆదాయం... ఒక్క రూపాయి కూడా ట్యాక్స్ కట్టలేదు... ఆ టెక్నిక్ ఏంటో తెలుసా? (AI Generated)

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News18•24-02-2026, 18:26

Mumbai Flat Owner Earns Rs 17 Lakh Rent, Pays Zero Tax: The Smart Technique Revealed

•A Mumbai flat owner earned Rs 17 lakh in rental income but paid no tax, surprising taxpayers.
•This was achieved by utilizing the 30% standard deduction on rental income and Section 87A rebate.
•The flat was registered in the wife's name, who had no other income, making the Rs 17 lakh rent tax-free.
•After a 30% standard deduction of Rs 5.10 lakh, the taxable income was Rs 11.90 lakh.
•In the new tax regime, a Section 87A rebate of Rs 59,000 nullified the tax on Rs 11.90 lakh income.

Read Full Article on News18 in Telugu

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