ok, i was self studying the topic mentioned above, i have a simple doubt. what if i use my house property as office, would it be taxed at all, or its implicit expense will deduct my profit while paying tax on profit of the business, given the profit of business is taxable?
plz help
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Doubt regarding income from house property
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Yes it attracts taxable bcz... you are using your property as an office which means no income from that .. you can claim all your eligible expenses set off against profit....
but under what head though, would it be income from other sources
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