Hospital rent Taxation

Hi Sir/Madam

We would like to separate hospital building from Hospital operations

Hospital building will be under proprietorship

Hospital operations under Company

from Company Every month we are Paying rent to wards Hospital building to Proprietor by deducting tds including GST

Please advise

is there any chance to get depreciation for building under proprietorship

instead of showing Hospital rent under income from house property

Thanks in advance
Replies (2)
Quick Summary
This discussion explores the tax implications of separating hospital operations from the hospital building. The user is paying rent from a company (operations) to a proprietorship (building) and deducting TDS and GST. They are seeking advice on whether depreciation can be claimed on the hospital building under proprietorship, instead of treating the rent as income from house property. The consensus is that if property rental is a business, depreciation can be claimed under PGBP.

If you have business of renting properties on rent, then it can be declared under PGBP, as such depreciation can be claimed.

Agree with Namisha Bajwa ji.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details