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Commercial property

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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2010 Is rent received from commercial property by Director of the company for the property used for his company be treated as income from other sources? If no then under which head and why?
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
25 August 2010 If property is let out then it will be taxable under the head income from house property only.

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