Gaurav Vani (Senior Manager - Finance & Accounts) (30 Points)
16 September 2010Does a plot of land contitutes House Property?
Pls asnwer only if u r sure abt it.....
CA.G.Muguntha Narayanan
(Internal Auditor at TVS Motors)
(2195 Points)
Replied 16 September 2010
Dear Gaurav,
Income from land appurtenant to building will be taxed under IHP. However, if there is no buildings and there is only a small piece of land, it does not constitute HP
Santhosh Poojary
(SIEMPRE AHÍ PARA TI)
(15607 Points)
Replied 16 September 2010
| Originally posted by : CA.G.Muguntha Narayanan | ||
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Dear Gaurav, Income from land appurtenant to building will be taxed under IHP. However, if there is no buildings and there is only a small piece of land, it does not constitute HP |
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