banner_ad

Treatement of 44 lac income

This query is : Resolved 
Profile Image

Profile Image

(Querist)
11 June 2013 Dear All,

our company Received Rs. 44 lac.for letting out commercial building under leave and license agreement for 5 year .

pls explain taxation treatment for particulars income . and which head should be taxable

Regards
Profile Image

CA.Sourabh Sethia

Profile Image

CA.Sourabh Sethia (Expert)
12 June 2013 Where property constitutes stock in trade of business or
where business of assessee is to let out property,
income is covered under the head profits and gains of Business & Profession.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI
ChatGPT Perplexity Claude Google AI Grok

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details