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treatment of rent from commercial premises

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(Querist)
02 September 2009 if an building is considered as fixed asset then rental income from such premises whether would be business income or income from house property.pls help me with this
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KRISHNA KUMAR R C

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KRISHNA KUMAR R C (Expert)
02 September 2009 Rental income is always taxable under the head house property and not under business head.
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KRISHNA KUMAR R C

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KRISHNA KUMAR R C (Expert)
02 September 2009 Rental income is always taxable under the head house property and not under business head.



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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
02 September 2009 house property

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