Taxation (rent received on shop)

CA Kumar Mukesh (CA CMA FINAL and Advance Excel Trainer)   (6881 Points)

05 September 2011  

Dear All

let me as one query,

our one of the client has 8 shops located in diffrents areas in delhi & he get rent only from 3 shops,

others are lying vacants or given to his relative where no rent has received so far.

my question is whether rent received on shops are covered in house property defination or income from other sourses.

if it is covered under house property then deemed to be let out will arised. 

if these covered in other sourses then it is possible to deduct some fake exp.

Please suggest