rent on commercial proprlerty

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Hemali B.Goswami (Querist)
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07 December 2017 I have a client who rented a commercial property in which head I should classify it.

Bhaskaran Chackrapani Warrier (Expert)
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07 December 2017 Head of income is 'income from house property' for the purpose of income tax and
under 'rent ' for accounting purpose.

Hemali B.Goswami (Querist)
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07 December 2017 He has took loan on this property I can take deduction u/s 24.

Bhaskaran Chackrapani Warrier (Expert)
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07 December 2017 Very well you can u/s 24(b).

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