Income from house property
This query is : Resolved
06 January 2016
In income from house property,
The income of a house property used for agricultural purpose is exempt u/s 2(1A)(c) will it be added for rate purpose like agricultural income??
06 January 2016
Yes. its computation is done as per the provisions applicable to the HP income and income so derived shall be added to the Total Income for rate purpose..
07 January 2016
thank you sir
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