With TransUnion SmartMove, you increase your chances of identifying financially and personally responsible tenants. Landlords will receive rent information, a penalty report, an eviction report, an Insights report and a ResidentScore to make an informed leasing decision, in the long or short term. In India, rental income from real estate is taxed under the heading “Property Income”. A deduction of 30% is allowed on the total rent that weighs on the tax. Each lease must indicate between whom the contract exists. In the case of a lease for a leased property, this agreement exists between the lessor and / or the lessor`s representative and the tenants who will occupy the property. All tenants over the age of 18 must be mentioned on the lease. The address of each party should also be included. A lease is an essential document between the landlord and the tenant.