Which head of income

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Yes... I agreed to Mr Yash Chawda.

The property is under firm name then the Rental income treated PGBP...
In case the property is individuals name then the rental income treated as IFHP...

And one more thing.,
The Rental income treated in Firm's account.
Replies (21)
Yes... I agreed to Mr Yash Chawda.

The property is under firm name then the Rental income treated PGBP...
In case the property is individuals name then the rental income treated as IFHP...

And one more thing.,
The Rental income treated in Firm's account.
so for company ???
rent recd fron company to director taxable in which head ????
house property.
since in case of firm, partner & firm are not separate legal entity.
but a co. have.
so in case of llp
The Company running in one of the Director's building then company will give rental to the Director... The rental is Director's Income. It's income from House Property in Director's hand...

In which section?

 


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