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shop rental income

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(Querist)
01 March 2011 sir,

I want to know that if assessee is earning rental income from shop then under what head it will be taxable.
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CA Punit

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CA Punit (Expert)
01 March 2011 it will be taxable under INCOME FROM HOUSE PROPERTY
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CA KRISHNA KUMAR DARUKA

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CA KRISHNA KUMAR DARUKA (Expert)
01 March 2011 If you own the shop, it will be INCOME FROM HOUSE PROPERTY, otherwise it will be INCOME FROM OTHER SOURCE.
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