Renting of Residential Houses
This query is : Resolved
CA Sanjay Baheti
(Querist)
16 February 2011
Company "A" is engaged in the business of letting our residential houses. Company assessee "B" received the residential houses from "A" and let out the same to employees.
Whether letting out of residential houses by "A" would be covered under Renting of Immovable Property used in the furthereance to the course of business?
Please provide the relevant case laws if any.
Whether letting out of residential houses by "A" would be covered under Renting of Immovable Property used in the furthereance to the course of business?
Please provide the relevant case laws if any.
17 February 2011
Service is not applicable, since it is a case of residential property.
Dhirajlal Rambhia
(Expert)
06 November 2021
Being business income, it will be taxable, provided basic limit exceeds.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Unable to File TDS Q2 Return – New TRACES Portal Error
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
