JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
21 January 2018I am getting the salay and Rental from house around 5 Houses.
What is the implication of Income tax., of Rental income from house.
Dhirajlal Rambhia
(SEO Sai Gr. Hosp.)
(160327 Points)
Replied 22 January 2018
Unless any clear intention of assessee of doing business of renting of properties, usually it is treated under IFHO.
GST Live Certification Course (39th Batch) - April 2024 (Weekend Batch) (With Certificate)
"Live class on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"
CAclubindia
