House property or bunsinee
This query is : Resolved
29 December 2021
Rental Income Receipts of Individual from commercial complex of serveral rooms (i) is it offered Income from house property or business
29 December 2021
It's a business income, as it related to commercial complex.
05 January 2022
To tax the rental income under the head “Income from house property”, the rented property should be building or land appurtenant thereto. Shop being a building, rental income will be charged to tax under the head “Income from house property.
The individual should be the owner of the house property and should not be using it for his own business/ profession.
The individual should be the owner of the house property and should not be using it for his own business/ profession.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Fixed Deposit Claim Relinquishment by the Nominee
- Defective Return - Tds on advance
- TDS RATE ON RENT PAID TO NRI
- Income Type for interest from government bonds
- FREELANCING ACCOUNTANT
- Not a CA , can we prepare balance sheet
- TCS ON SOFTWARE SALES
- Gstr 9 2023-24
- PAYMENT TO OPEN AI AND ENVATO ELEMENT
- From 15CA for remittance by domestic travel agent by to Foreign Destination Management Company.
- Issue of gst e invoice
- ITR 6 Schedule CFL and UD Issues
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
