Our Pvt Ltd Company is inolved in Real estate activities with own or leased property. [This class includes buying, selling, renting and operating of self-owned or leased real estate such as apartment building and dwellings, non-residential buildings, developing and subdividing real estate into lots etc. Also included are development and sale of land and cemetery lots, operating of apartment hotels and residential mobile home sites.
Whether income from house property be treated as Income from Business & Profession or INCOME FROM HOUSE PROPERTY?
CAclubindia
