director of pvt ltd company let out house property to company rent recd from the company taxable in which head ???
house property
or
business and profession
??
Menu
Which head of income
Replies (21)
House property
are you sure
if partner let out property to firm and rent recd from firm is taxable in which head for partner ??????
house property or business and profession ????
house property .
it's simple
it's simple
rent recd from let out property is always taxable under head "income from house property".
wrong
in case of firm rent recd to partner is taxable in business profession
that is why i am asking for company
which section.
charging section of house property sec 22
I agree with @ Pardeep
so you also agree with rent income recd from firm ??????
@ Yash ji sorry'..
u r ryt.
Rent recd by a partner shall be taxable under "PGBP".
so ignore my above replies & I agree with Yash.
u r ryt.
Rent recd by a partner shall be taxable under "PGBP".
so ignore my above replies & I agree with Yash.
Recent Topic
- Need CA to certify shareholding pattern.
- Ltcg savings
- Please share the roc and income tax compliance fo
- Proprietor have 2 business. One is registered unde
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
Related Topics
CAclubindia
