rent on commercial proprlerty
This query is : Resolved
Hemali B.Goswami
(Querist)
07 December 2017
I have a client who rented a commercial property in which head I should classify it.
07 December 2017
Head of income is 'income from house property' for the purpose of income tax and
under 'rent ' for accounting purpose.
under 'rent ' for accounting purpose.
Hemali B.Goswami
(Querist)
07 December 2017
He has took loan on this property I can take deduction u/s 24.
07 December 2017
Very well you can u/s 24(b).
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