28 August 2008
Rent received from rural godown is chargeable in which head wheather under Income from House property or income from business and profession...Kindly let me know with reason
28 August 2008
it will be covered under Income from house property,as under the Income tax act if there is a Income from House property (building rental) then it will be covered under Income from house property even the person is in the business of renting of building
CAclubindia
