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RENTAL INCOME - LAND

This query is : Resolved 
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(Querist)
12 July 2009 HI ,
IF WE ARE RECEIVING RENTAL INCOME FROM VACANT LAND, IT WILL BE TAXED UNDER THE HEAD INCOME FROM OTHER SOURCES.
IF WE ARE FILLING ITR THERE ARE FOUR ITEMS GIVEN AGAINST WHICH WE SHOULD PROVIDE THE AMOUNT.
1.DIVIDENT RECEIVED
2.INTEREST INCOME
3.RENT FROM PLANT.MACHINERY,BUILDING,ETC..
4.OTHERS..
MY QUERY IS WHETHER WE PROVIDE UNDER RENTAL INCOME OR OTERS..
FOR PLANT,MACHINERY,BUILDING..WE CAN CLAIM DEPRECIATION AND REPAIRS AS DEDUCTION..FOR LAND IT IS NOT POSSIBLE..
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NITIN

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NITIN (Expert)
13 July 2009 It is better t shown it under others
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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
13 July 2009 It will be shown as other income
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CA Bosu babu

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CA Bosu babu (Expert)
14 July 2009 show under other income....
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