Income from HP or some other head
This query is : Open
17 December 2009
A stadium is let out, under which head the income for such receipts shall be taxed... As decided in some case a stadium can be taken as building...
CA. Bikash Bogi
(Expert)
17 December 2009
It should be House property head.......but it may go to the Business head if certain circumstances prevails
like complexity, inseparableness, facilities etc
like complexity, inseparableness, facilities etc
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