Multiplex Rental Income

This query is : Resolved 

24 June 2008 1.Multiplex is divided 3units Ist units sold & other two units given on rental basis.In which head it is taxable H.P,BP,CG?
2.As per IT Act What benefit are avialable to multiplex?

24 June 2008 1 sale is taxable u/h capital gains.

24 June 2008 Unit sold and cg if any is taxable under capital gains..

other two units are taxable as HOUSE PROPERTY INCOME




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