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Incomce from Buildining let out to trust

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Querist : Anonymous

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Querist : Anonymous (Querist)
16 August 2010
Hello Everyone,

I have one query. In our office one client has income from building which is lent out to ont trust which is carried out schools. He is charging a rent of Rs. 60,00,000/- p.a.

So my quetion is in which head it is taxable? Please .............
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CA BIREN SHAH

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CA BIREN SHAH (Expert)
16 August 2010 UNDER INCOME FROM HOUSE PROPERTY..
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Querist : Anonymous

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Querist : Anonymous (Querist)
16 August 2010 But its not given for residential purpose.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
22 August 2010 Renting commercial space also covered under Income from HP

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