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house property

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(Querist)
29 August 2008 PARTNERSHIP FIRM HAVING FACTORY SHED GIVEN ON RENT. RENT FROM THE FACTORY SHED TO BE TAKEN INTO HOUSE PROPERY AND STANDARD DEDUCTION TO BE CLAIMED OR TO BE TAKEN AS BUSINESS INCOME AND DEPRECIATION TO BE CLAIMED?
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Ravikumar.G

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Ravikumar.G (Expert)
26 September 2008 You cannot treat it as a Business Income

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