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TOWER RENT INCOME

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ajay devgan

58 Points Posted on 30 October 2020

tower rent income kis head me dikhani hai
income from house property ya
income from other sources

Replies (3)

Quick Summary

This discussion explores the correct head of income under which tower rent should be declared. The consensus leans towards 'Income from House Property' if the tower is considered a dwelling with walls and a roof. Otherwise, it might be classified under 'Income from Other Sources' unless it's part of a business.

Deepanjali Sahu

30 Points Posted on 30 October 2020

In my opinion it should be income from house property

JATINDER KUMAR

Accountant

2102 Points Posted on 30 October 2020

Under Income from house property

CA. Heet Shah

Tax Consultant & Practitioner

5541 Points Posted on 31 October 2020

Originally posted by : ajay devgan
	tower rent income kis head me dikhani haiincome from house property yaincome from other sources

What sort of tower are u asking abt?

Tower meaning a flat have having four walls and one roof will b considered as house property. Otherwise it would be consudcons other source unless it is from business