hiring out of car

This query is : Resolved 

06 March 2009 if a person has one car & he is earning income by hiring out that car then the income by such way will be taken in income from buisness ?
if this is true & that person has one more proprietory buisness also then should i have to prepare 2 profit & loss a/c for each buisness?

06 March 2009 Already answered.



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