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rent is when u borrow something without buying it then returning it back after a short period of time

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Q: What is the meaning of rent and tax?
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Related questions

Can a pensioner get income tax rebate on his paid house rent?

Rent has no effect on income tax


Is rent a tax write off in Wisconsin?

Personal rent...no.


How much does it cost to rent a Xbox 360?

About 29.99 + tax at a rent - a - center


Are service tax incomes good to buy or rent?

If you are wondering whether or not service tax incomes are good to buy or rent because you can not find a good place that will get your service, then you consider buying them for rent.


Is a property tax bill same as rent bill?

Rent bill is for the lease or rent to live in an apartment or house and is paid by the person living there. A property tax bill is for taxes on the property and is paid by the owner.


Will house rent be tax deductible in India?

No. Their is not any information that is included above that would make house rent be deductible on your 1040 income tax return.


Is paying rent tax deductible?

No, not for Federal taxes.


How much do you need to pay for the rent?

317$ + tax


How do you book advance rent with current Invoice?

Party A/c Dr. To Adv. Rent Received To Rent Received To Output Service Tax


Do you have to pay property tax if you rent a shop?

No. The property owner does. You probably do in a way as he probably has added that to the rent.


What is the meaning of TDS in bank sector?

TDS refers to Tax Deducted at Source. In regard to certain incomes, government makes it mandatory to deduct a certain amount of tax by the person who is making payment to other party. For example, while making rent payment by the tenant to the landlord, tenant may be required to retain a certain amount of rent payment as tax (TDS) and deposit the same with the government.


Are you eligible for HRA relief for paying rent to your father-in-law?

If your father in law shows the rent you are paying as an income in his tax returns, YES you are eligible If your father in law is not showing the rent you are paying as an income in his tax returns, NO you are NOT eligible