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Rental income

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 April 2013 In case of an assessee being a society ,
if it has given its terrace area on rent to one of the telecom company for advt in that terrace space, so the rent recd from such com will be taxable from house property or from business ??
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kunal

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kunal (Expert)
27 April 2013 it shall be taxable under head other source
because it not a business of a society neither it is a income from building..

thanks!!!

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