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Query in hp income;-)

Others 493 views 2 replies

Helloo Everyone, 

 
 
Supposingly A person receives HP income from the tenant & along with that he receives car parking rent .. 
 
 
 
 
So my Question now is that will Car parking rent included in HP Income or in other Sourses
 
 
Thanks alot in advance;-)

 

 

Replies (2)

well i think it will be included in Other sources as it is a case of composite rent

 

 

Rent will be taken as HP income, car parking will be taken as IFOS, but if car parking cannot be seperated frm HP then it will be treated as income of HP..


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