A is an individual give a land on rent or lease to company B for Rs. 1,00,000 per month
Company B construct building on this land and give this building to another company C
Now please suggest
Who will get 30% deduction under house property and at what amount
What is the head of income for both the assessee i. e. Individual and Company B
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income u/h house property or other sources
Replies (2)
both can take 30% in HP head
How? Company A is not the owner.... Should it be income under head of other sources....
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