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Income from hp

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07 July 2013 Helloo Everyone,

Supposingly A person receives HP income from the tenant & along with that he receives car parking rent ..

So my Question now is that will Car parking rent included in HP Income or in other Sourses


Thanks alot in advance;-)

08 July 2013 Dear Krina,

If the property is owned and it is immovable property then that income should be treated as income from house property.

Hence, the rent from the car parking will be taxable as income from HP.

- Ankit

14 July 2013 thanks alot Ankit sir..


14 July 2013 you are welcome



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