Rent

This query is : Resolved

shinitha (Querist)
Follow

17 September 2014 HI

Rental income received from shopping complex let out is income from HP or business income?
please replay me

Thanks in advance

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
Follow

17 September 2014 If it is not your regular business then come under under income from house property.

Message likes : 1 times

shinitha

shinitha (Querist)
Follow

18 September 2014
Regular busines means? i have one shopping complex and it is let out to certain tenants.

No other business i have.
Should i treat business income?

CS Advocate Abhishek Goyal

CS Advocate Abhishek Goyal (Expert)
Follow

20 September 2014 Regular business means if you are engaged in the business of building shopping complexes and renting them out then it will come under business income. If it's not then it will come under income from house property.

Message likes : 1 times

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Dhananjay Singh

Hmr Babu

Mikilesh Shah

CA Jyoti Singh

Phani

Subscribe Now

Rent

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Manager- Finance and Compliance

Article Assistant

CA Final

GST CONSULTANT

Accountant