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Income received from hostel

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(Querist)
28 May 2019 Sir, I want to know about hostel income, Under which head the above income should be taxable.
Assessee received rent from his hostel (Food, Transport facility not included). How we deduct expenditures and get net income. Please give me an example.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 May 2019 This income is taxable under business head. Include food and transport income and deduct all expenses to arrive at net income.
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