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TAXABLE UNDER WHICH HEAD ?

This query is : Resolved 

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 November 2009 SIR,
IF A BUILDER OR DEVELOPER BUILD A HOUSE & GIVES ON RENT TO HIS CUSTOMERS THEN THE INCOME DERIVED FROM RENTING THE BUILDING WILL BE TAXABLE UNDER WHICH HEAD i.e. INCOME UNDER THE HEAD HOUSE PROPERTY OR UNDER PGBP .

16 November 2009 Income from letting out the property is to be come under the specific head of income.

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Guest (Expert)
16 November 2009
Income from House Property.


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