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Terrace rent

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(Querist)
22 September 2014 sirs we have a cooperative society and on the terrace of the society we have rental income from mobile tower . income tax officer asked that why u r not treated as business income . pls suggests me on above matter .
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
22 September 2014 u show that its only income from house property as that area is let out and its not ur business.

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