Nature of rental income
This query is : Resolved
06 December 2011
Dear Sir,
How do we tax the Income received from the letting of space for erecting Telephone Towers on a building? We have received rental income towrds the letting of space to mobile companies which Installed thier towers on our premises and are regularaly paying the rent amount towards this. What is the nature of this rental amount ? Is it a House property Income or Income from other sources
How do we tax the Income received from the letting of space for erecting Telephone Towers on a building? We have received rental income towrds the letting of space to mobile companies which Installed thier towers on our premises and are regularaly paying the rent amount towards this. What is the nature of this rental amount ? Is it a House property Income or Income from other sources
Dintakurthi Tirumala
(Expert)
06 December 2011
It is INCOME FROM OTHER SOURCES
OM SAI SRI SAI JAI JAI SAI
OM SAI SRI SAI JAI JAI SAI
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