Trading in house property
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
21 January 2012
Dear Sir
PLz clear one has business of buying house property in his name and then selling again buying and selling the same ( in other word trading House Property) Wheather income from above B/s is income B/s & profession or attract Capital Gain
PLz clear one has business of buying house property in his name and then selling again buying and selling the same ( in other word trading House Property) Wheather income from above B/s is income B/s & profession or attract Capital Gain
21 January 2012
The same is covered under income from business and profession
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