Does a plot of land contitutes House Property?
Pls asnwer only if u r sure abt it.....
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Query relating to House Property...
Replies (2)
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
| 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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