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House property or business

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Querist : Anonymous

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Querist : Anonymous (Querist)
02 November 2012 A builder is acquiring properties and renting it out and has rental income as the only source of income. The income of the builder would be charged under which section? Sec 22- Income from House Property or Sec 28 - Income from Business?
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CA Manish

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CA Manish (Expert)
02 November 2012 Income from house Property.
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CA Manish

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CA Manish (Expert)
02 November 2012 For more details follow this discussion:-

https://www.caclubindia.com/experts/business-income-or-rental-income-1135174.asp
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Querist : Anonymous

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Querist : Anonymous (Querist)
03 November 2012 Thanks a Lot Mr. Malu.

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