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House property

This query is : Resolved 
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(Querist)
20 December 2011 I own a Car parking space in a building located in CP. I am not the owner og the building but i let out the said parking space on rent.
I want to know rent received from the said premises wil be income from House Property or Other Sources.
Kindly reply with the Sections also.

Thank you
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Darshit Joshi

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Darshit Joshi (Expert)
20 December 2011 It will be income from other sources as ownership of property is must for an income to be taxed as income from house property.
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CA VISHAL RANA,CS,B.Com,AMFI

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CA VISHAL RANA,CS,B.Com,AMFI (Expert)
20 December 2011 rent received from let out parking space is treated as income from other sources because you are not owner of building.
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