can any one tell me how to calculate income from house property ? during below mention situations.
1. two partners X and Y have two building in their name , they use both the building for business (Partnership) purpose .
2. partner X has given his building for running the business purpose and taking rent from the business towards building.
3. Z is a managing director of a Company , he (Z) has one commercial property which he has given to the company for office purpose without any rent.
Or
He takes rent from company
whether it makes any difference if company is Private company of Public Company.
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