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Chargeability of incom tax

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(Querist)
27 January 2018 A building is owned by Mr.X and the land appurtenant thereto the buiding is owned by Mr.Y .is the rental income received from the land is taxed in the hands of Mr.Y under the head "Income from House Property".
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
27 January 2018 No it will not be taxed under income from house property as house is owned by other person.
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Renu Goyal

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Renu Goyal (Expert)
27 January 2018 yes i agree with above it will taxable under income from other sources




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