Head of income

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 March 2017 a co having a property which is used for its regiestered office for business after 1 year co did no business and rented its office for rent. my question is whether the rental income shall be income under the head house property and business income. co had business of trading of marble and granite? plz advice
thanks in advance

23 March 2017 It Will be a business income as commercial property is rented out.

23 March 2017 Agree with Mr. Seetharaman.

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 March 2017 If co have residential flat used for its office and after some time rented that office in that case under which head co will show rental income ?

24 October 2021 It will be treated under IFHP ...


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