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Difference between taxation of Commercial property and Residencial Property

Tax queries 581 views 2 replies

dear sir

please guide us about  different between taxation of commercial property and residencial property

Replies (2)
Quick Summary
Taxation differences between commercial and residential properties mainly arise in rental income, GST applicability, deductions, and capital gains treatment. Proper disclosure of investments, exemption claims, and compliance with income tax provisions remain important for both property types.

Taxation between Commercial property and residential property are not very difficult.

As a matter of fact Taxation of property does not arises.

However, there are other instances of those. 

Funds needs to be invested must be either exempted or proper disclosure must be there. 


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