Taxability of hoarding & mobile tower income
This query is : Resolved
27 July 2011
Pls. guide me on the following?
Under what head the rent received by a Co-Op. housing society from hoarding and mobile tower should be considered ?
Can it be considered under income from house property or from income from other source ?
Regards
Milind
Under what head the rent received by a Co-Op. housing society from hoarding and mobile tower should be considered ?
Can it be considered under income from house property or from income from other source ?
Regards
Milind
27 July 2011
It should be considered as income from other sources.
27 July 2011
I have selected "income from other sources" in one of my cases and the department has not raised any objection so far.
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