Head of income

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 March 2017 a co having a property which is used for its regiestered office for business after 1 year co did no business and rented its office for rent. my question is whether the rental income shall be income under the head house property and business income. co had business of trading of marble and granite? plz advice
thanks in advance

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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23 March 2017 It Will be a business income as commercial property is rented out.

CA Gopal Somani

CA Gopal Somani (Expert)
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23 March 2017 Agree with Mr. Seetharaman.

Querist : Anonymous

Querist : Anonymous (Querist)

24 March 2017 If co have residential flat used for its office and after some time rented that office in that case under which head co will show rental income ?