Menu
Rental income
Under which head if business of partnership firm is of giving properties on rent itself?
Replies (4)
It will be taxed under the head Income from Business and Profession provided it is the sole objective of the partnership firm and the same is provided in the partnership deed.
What if a partnership firm is into construction as well as rental business?
Both are included in partnership deed.
Both are included in partnership deed.
then it will be taxed under house property
Alright, thank you so much!
Recent Topics :
- E-waybill
- Sell of CAFC books
- ITC ON RENT
- GSTR-9 Table 8A Portal and Excel Issues
- IGST on Commercial Rental Income (Different State)
- Revocation of suo moto cancelled GST registration
- Is there any faculty taking chapterwise test in CA
- Late Fees and Interest
- HDFC Bank’s Bureaucracy: The Nightmare of Fl
- Running a CSC Center, Maha E-Seva Kendra, Setu Ken
Related Topics :
CAclubindia
