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Rental income classification

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 February 2014 A senior HUF having a commercial complex and getting rental income only. whether to classify this income under house property income or business income as the object is to commerically exploit the complex.
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CA Parul Saxena

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CA Parul Saxena (Expert)
26 February 2014 Under the head of business income.

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