Commercial house property
This query is : Resolved
06 January 2012
What is difference between commercial house property and residential house property ?
Rent received from factory building will be chargeable to under the head HP or IOS ?
Rent received from factory building will be chargeable to under the head HP or IOS ?
07 January 2012
It will be treated as either income from business or other source because it is meant for commericial purpose.
09 January 2012
Even rent received from factory building can be taxed under income from house property.
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