treatment of rent from commercial premises
This query is : Resolved
Shweta satam
(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
KRISHNA KUMAR R C
(Expert)
02 September 2009
Rental income is always taxable under the head house property and not under business head.
KRISHNA KUMAR R C
(Expert)
02 September 2009
Rental income is always taxable under the head house property and not under business head.
02 September 2009
house property
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