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House property vs business income
Mr A gives his building on rent to hospital so rent income received should be consider house property or under PGBP
Replies (2)
Quick Summary
By default it will be Incone from House Property but if in case it is only business of assessee to letout property and no other income source is there then it will be Business Income
Yes, it's fall under Income from house Property only.
But if it's business of asssess to let out property than it's fall under Business income.
But if it's business of asssess to let out property than it's fall under Business income.
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