Taxability of temporary rent from business office

This query is : Resolved 

23 December 2014 DEAR SIR,
I HAVE LET OUT MY BUSINESS OFFICE ON TEMPORARY BASIS. CONSEQUENTLY, I HAVE RECEIVED RENT FROM TANENT. SUGGEST ME WHETHER IT IS TAXABLE UNDER THE HEAD BUSINESS AND PROFESSION OR OTHER SOURSE.


THANKING YOU.

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23 December 2014 It is taxable under income from house property. Also, expenses directly attributable to such income need to be disallowed from Profits and Gains from Business and Profession head.



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