Lease Rent
This query is : Resolved
12 September 2009
what is the Tax treatment of Lease rent Received By an Individual? And Under Which Head it is charged And whether Any Specific deductions are there?
12 September 2009
Lease rent is income from house property and deduction u/s 24 @ 30% of rent
19 September 2009
I am not satisfied with the reply. can anyone else suggest me as i think lease rent is charged under PGBPand if not PGBP then other sources.
22 September 2009
you cannot treat the lease rentals in the PGPB head.
if you provide along with property value added services & the lease of property & service are inseparable, then you can show it in PGPB head as per Supreme court in Sultan Brothers
if you provide along with property value added services & the lease of property & service are inseparable, then you can show it in PGPB head as per Supreme court in Sultan Brothers
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
- Is this income indian or foreign income?
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Sale of property furniture sale
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Darpan registration
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- 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
