25 April 2014
sir i am doing private practice in my own comercial building . i give one shop to cmemist and one to lab on rent in my premises . this rental income comes under house property or under business income. can i avail 30% exemption under section 22 house property
25 April 2014
I suggest u to book it under House Property, coz u r doing practice, hence the income earned from ur practice will b treated as ur Business income and Rental income will go to House property.