Rent from shop

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 March 2017 if a person has 5 shops and from 3 shops he receives rental income and 2 shops are vaccant , does deemed to be let out provision applies to him as it is a commercial shop? can we treat it as business income instead?

16 March 2017 Treat it as business income. Deemed to be let out provision not applicable.

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 March 2017 electricity meter of all shops are different, does it affect the head of income to be considered .

21 March 2017 Does not affect.........,.......


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