Rental income from land in a company (only income)

There is a private ltd company whose only income is from rent earned.

Can I show that income under head PGBP.. or compulsorily it should be shown under HP? which one is more favourable and also can i show director remuneration in expenses. please guide.

P.S. : Income Tax officer disallowed the director remuneration last year.. What argument can i claim.