Taxability of ground rent

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

09 December 2016 Income received from ground rent(i e land alone) is taxable under which head?Is there any exemption or standard deduction available

CS Advocate Abhishek Goyal (Expert)
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09 December 2016 It will be taxable under income from other sources and no standard deduction would be applicable.

CA Suresh Jain (Expert)
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09 December 2016 Is it an Agriculture Land?

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