Taxability of rental income of the firm under which head??

It should be taxable under the head Income from House Property.

But 1 of the basic condition to charge income under Income from House Property is that the Assessee should be the owner of the property.

And in this case the Assessee i.e. the Firm is not the owner.

Dear Harsh,

What do you mean when you say "introduce these properties in firm"????

As at the end of FY, where are these properties appearing the BS of firm??

Best Rgds

Deepak Goel