Menu
taxability of income from paying guest
1.under which head taxble ? 2.whether business head u/s 44AD ?
Replies (3)
house property
It is Taxable under house property.
If your substantial income and expense is related to the business of paying guest.. then it will be PGBP.. and if your income is just a casual (side) income and you don't do much of expenses for it.. then its HOUSE PROPERTY...its Called *SUBSTANCE OVER FORM*
Recent Topic
- SBI direct mutual funds ITR
- 44AE Section
- FEMA compliant structure
- Tax obligation in AY 2026-27
- EFILING ITR2 FROM COMMON FILING UTILITY
- SBI gold bond interest
- PPF Interest Exempt - But what drop down to choose
- Itr2 or itr3 intraday trade 1 loss of 70 paise
- Calculation of IT
- CA FINAL FR IndAS 33 Doubt(Corrected)
Related Topics
CAclubindia
