Commercial house property


This query is : Resolved 

(Querist)
06 January 2012 What is difference between commercial house property and residential house property ?
Rent received from factory building will be chargeable to under the head HP or IOS ?

vipul Shah (Expert)
07 January 2012 It will be treated as either income from business or other source because it is meant for commericial purpose.

09 January 2012 Even rent received from factory building can be taxed under income from house property.


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