Taxability of income

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CA BIREN SHAH (Querist)
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27 March 2012 i hold a shop in commercial market. I have given this shop on rent.
Q under which head this rent is taxble ? Hp or ifos?

CA Manoj Kumar Rai (Expert)
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28 March 2012 Dear sir,
If you are owner of property and given on rent it is assessable under the head house property

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