Income from house property


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Querist : Anonymous

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Querist : Anonymous (Querist)
08 September 2014 Dear all,

The company has stopped its revenue operation due to continual Business loss, so now the company has let out its office to another company.

The Income from let out property is taxable under Income from House Property or Business / Profession?

kindly clarify the same .

08 September 2014 its an house property Income.

Company main business is not to rent the property, so it is an House property income


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