Rental income
This query is : Resolved
CA Ankith Jain
(Querist)
13 February 2016
Dear all,If rental income received from the building which was used for commercial purpose, then still it shall be under income from house property only right?
CA PARAS BAFNA
(Expert)
13 February 2016
Yes. Such income will be assessed under the head Income from House Property.
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