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A part of building given as rent

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(Querist)
15 July 2016 A proprietor...who has shown building building in his business ...subsequently rented 2 floors....can that can be shown in personal instead show in a business as a indirect income in P/L account
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CA Amrita Chattopadhyay

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CA Amrita Chattopadhyay (Expert)
15 July 2016 If the building belongs to the business, the rent of those building will also be part of the business and to be shown as indirect income

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