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The income received from renting of residential property is to be included in the aggregate turnover, though it is an exempted supply.

Registration under GST — In the instant case, The applicant, an unregistered person, is in receipt of various types of income andintend to know whether the income so received in each type is includable in the Aggregate Turnover, for the purpose of registration, under the provisions of GST Act. Held that— The incomes received towards (i)salary/remuneration as a Non-Executive Director ofa private limited company, (ii) renting of commercial property and (iii) renting of residential property and (iv) the values of amounts extended as deposits/loans/advances out of which interest is being received are to be included in the aggregate turnover, for registration. — Anil Kumar Agrawal, In Re… [2020] 24 TAXLOK.COM 005 (AAR-Karnataka)

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