Income tax

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 July 2013 I were take a shop on lease. and shop was pass on between four person on rent.
my query is that what is treatment in income tax.

CA Ashwani Agarwal (Expert)
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21 July 2013 Are you trying to say that you are sub letting the shop?

Then you should include it in Other Income.

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