Rental income from a jointly owned house is taxable in the hands of the co-owners, in proportion of the investments made by each co-owner towards purchase of the property.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.