Rental income earned from properties you own is taxed as income from house property. However, if you sub-let a property that you don’t own, the income isn’t considered house property income. It depends on how the property was sub-letted. If it was for business purposes, it would be taxed as income from business or profession. Otherwise, it will fall under income from other sources.

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How to Add Sub-Let Income as Other Sources

1. Navigate to File > Incomes > Other Incomes and click on Any Other income 
   
2. Add the income under Others

How to Add Sub-Let Income as Business & Profession:

1. Navigate to File > Incomes > Business & Profession
2. Select Services as the nature of business
   

      3. Choose the appropriate taxation scheme and provide Business Details

      4. Select Real estate and renting services as the business category, and add the property address

      5. Enter the revenue and expenses for your sub-letting business.

Mobile

How to Add Sub-Let Income as Other Sources

1. Navigate to File > Incomes > Other Incomes and click on Any Other income

      2. Add the income under Others

How to Add Sub-Let Income as Business & Profession:

1. Navigate to File > Incomes > Business & Profession   

   

2. Select Services as the nature of business

3. Choose the appropriate taxation scheme and provide Business Details     

   

4. Select Real estate and renting services as the business category, and add the property address    

5. Enter the revenue and expenses for your sub-letting business.

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