How show income in itr??

Tax queries 203 views 2 replies

harshadsolanki

51 Points Joined July 2011

Hi, I have a commercial shop in Military (cantonment) which comes under cantonment Act has been let out. I can't show this rent income as rent because under cantonment Act if property is letout i have to pay Property tax 30% of rent recevied, so is there another way to show this income???

Thanks in Advance.

Replies (2)

Guest

through whom u r receiving this income show as u r giving him

professional services or one of his supplier of his business

but for all that u need to set your accounts as per need

and if enquiry comes proves that income received from the concern

profession or business only

harshadsolanki

51 Points Joined July 2011

Originally posted by : samir
	through whom u r receiving this income show as u r giving him professional services or one of his supplier of his business but for all that u need to set your accounts as per need and if enquiry comes proves that income received from the concern profession or business only