If a company let out his any bulding to any other party then in which section it should be taxable ???
whether income would be taxable as let out property or as income from business ????
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Advise regarding taxibility in which section
Replies (2)
Untill n unless company is engaged in business of construction n sell of property.... Leting out of propety would b taxable under head of Income from house property....
Thanx Regards....
Please let me know section to refer further......
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