House Property
This query is : Resolved
19 March 2010
X is Carrying on Packing process for Hindustan liver Ltd(HLL),and Receive income against packing service
and HLL uses X Godown for storing Tea packet and gives rent on Godown, giving rentals paments by deducting TDS,
Can Rentals be Assessed as House Property Income
and HLL uses X Godown for storing Tea packet and gives rent on Godown, giving rentals paments by deducting TDS,
Can Rentals be Assessed as House Property Income
19 March 2010
Yes for godown he need to show it as house property income and for packing process "income from business"
Nazir
Nazir
19 March 2010
Agree
19 March 2010
agree
19 March 2010
Agree with expert
20 March 2010
Thanku for giving valuable information & givng acknowledgement, to others
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