12 September 2009
what is the Tax treatment of Lease rent Received By an Individual? And Under Which Head it is charged And whether Any Specific deductions are there?
19 September 2009
I am not satisfied with the reply. can anyone else suggest me as i think lease rent is charged under PGBPand if not PGBP then other sources.
22 September 2009
you cannot treat the lease rentals in the PGPB head. if you provide along with property value added services & the lease of property & service are inseparable, then you can show it in PGPB head as per Supreme court in Sultan Brothers
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