Income tax
This query is : Resolved
04 January 2014
If house property is used by an Assessee for business or profession carried on by him , the profits of which are not chargeable to tax. what would be the tax treatment of income from such house property? Under which head this income would be taxable ?
04 January 2014
then it will not be shown under house property head.
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04 January 2014
Under which head it would be taxable.
04 January 2014
you said it is used for business profession so which income u earning other then business income? is it rent?
04 January 2014
If property is being used for any business or profession..
It any profit earned will be fall under profit and gain from Business and Profession...
It any profit earned will be fall under profit and gain from Business and Profession...
03 October 2021
If the house property is used for business run by self; in that where is the question of any income from house property? It is self occupied....
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