house property

What is the nature of income earned........... If by sell of the property....... it would be PGBP.

But rental income is treated under income from HP (East India Housing and Land Development Trust Limited v. CIT [1961] 42 ITR 49 (SC))

If you held the property as stock in trade then it's not treated as capital asset in that case it will be taxable under the head of PGBP.

But if the property is not your capital asset in that case it will be taxable under the head of HP.