Taxability of ground rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
09 December 2016
Income received from ground rent(i e land alone) is taxable under which head?Is there any exemption or standard deduction available
09 December 2016
It will be taxable under income from other sources and no standard deduction would be applicable.
09 December 2016
Is it an Agriculture Land?
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