banner_ad

taxable in which head

387 views 3 replies
Income from Hydra crane (mostly use in minning) use in own mining bussiness as well as for other person mining work so income from other in which head taxable
Replies (3)
If your business to give on rent the hydra crane then business income otherwise taxable at other sources income.
sir
Hydro crane use own bussiness and some time also on rent
i want to say section 44AE is not attract in any circumstances
If you own less than 10 motor vehicles in your case hydra crane then you have the option to file return under 44ae. If you own more than 10 motor vehicles at any time during the previous year then you cannot apply provisions of section 44ae. You have to show the rental income under the head business.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details