CONDITIONS NECESSARY FOR TAXING INCOME
FROM HOUSE PROPERTY
These are:
• The property should consist of any building or land
appurtenant thereto
• The assessee should be the owner of the property
• The property should not be used by the owner for the
purpose of any business or profession carried on by him,
the profits of which are chargeable to tax.
Unless all the aforesaid conditions are satisfied, the
property income cannot be charged to tax under the head
‘Income from House property
so OTHER SOURCES , as simple as that .
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