Hi
Under which head of income does commercial rent from let out property is to be taxed (for banks, restaurant, etc)?
is it under income from house property or PGBP ?
Thanks in advance
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Income from House Property
Replies (4)
It should be taxed under the head IFHP
even if it is the business of the assessee to let out properties it will be taxed as house property income
Income from house property
House property
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