banner_ad

Business income or not

This query is : Resolved 
Profile Image

Profile Image

(Querist)
08 August 2012 a pvt ltd company,which is doing constriction of godows and letting them

is it business income or hp income
plz clarify me, give some case laws and relavent sections
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
08 August 2012 it is business income. It may be worked out as given in income from other sources as well but the character of income is business income
Profile Image

SURESH

Profile Image

SURESH (Querist)
08 August 2012 plz give me some case laws relating to this & relevant section also
Profile Image

Amol S Joglekar

Profile Image

Amol S Joglekar (Expert)
08 August 2012 The intention of the assessee is important. Please search through the cold storage units, cold storage chains, hubs for container loading... the income is business income.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details