Menu
house property
Rent from paying guest taxable in which head???
Replies (4)
Income from house property, unless mess charges collected.
In one book the answer is other sources and in another it was pgbp so i am confused😌??
Practically, for only rental income income from HP is considered.... but when mess charges are also collected, it is taken as IFOS. But the pgbp is not suitable unless license is obtained and carrying on hostel like business.
Yes... Exactly..
I agreed to My Dear Dhirajlal Sir...
Both way of the income cannot consider as PGBP...
Rental Income is House property...
Rental with Mess is HP & IFOS...
Recent Topic
- While e filing otp not generating
- INCOME FROM CLOSING OF NSS -1992 -EXEMPT UNDER W
- GPF AND COMMUTED PENSION RECEIVED
- How do I choose the correct trademark class? Can I
- Error in totalling salary amount in AIS
- Client consent under DPDPA: Is client sharing PAN,
- TDS MISMATCH
- Rebate on other income even if LTCG is above my 12
- Need CA to certify shareholding pattern.
- Ltcg savings
Related Topics
CAclubindia
