Tenancy Right Rent
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 July 2010
Rent received from builder for making a builing on the room or chawl... this rent income will come in which income head Income From House Property or Income from other sources ?
07 July 2010
Income from other sources.
07 July 2010
as per the calcutta High Court decision income from letting out land for construction of building is chargeable to tax under the head "Income from other sources".
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