Income from House Property

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article assistant
51 Points Joined February 2015
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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On 25 March 2019 at 19:14 Report
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7 Points Joined March 2018
It should be taxed under the head IFHP
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On 25 March 2019 at 19:42
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Team Lead
7558 Points Joined November 2011
even if it is the business of the assessee to let out properties it will be taxed as house property income
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On 25 March 2019 at 19:50
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301 Points Joined August 2017
Income from house property
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On 27 March 2019 at 14:40
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Associate
163 Points Joined May 2015

House property

1 Reply
On 27 March 2019 at 17:39


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