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Rental Income

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 June 2011 A business man is letting out his building for students/working bachelors - along with mess facility etc.

Can this income be treated as Business Income and if NOT what are the objections
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CA Harish Suwalka

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CA Harish Suwalka (Expert)
23 June 2011 it will be a business income and no objection about it,
show the income as a business income
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CA Suresh Choudhary

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CA Suresh Choudhary (Expert)
23 June 2011 It is a Business Income.
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