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Income from Lease of Car falls under which head?

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(Querist)
11 July 2009 Hello Experts,

I want to know that the Income from Rental/Lease of Car (Motor Vehicle) falls under which head??

Thanx n Regards,
Sunil Kumar
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Ratan Sharma

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Ratan Sharma (Expert)
11 July 2009 If it is your main source of income then under the head Income from business or profession otherwise Income from other sources.

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