shop rental income
This query is : Resolved
01 March 2011
sir,
I want to know that if assessee is earning rental income from shop then under what head it will be taxable.
I want to know that if assessee is earning rental income from shop then under what head it will be taxable.
01 March 2011
If you own the shop, it will be INCOME FROM HOUSE PROPERTY, otherwise it will be INCOME FROM OTHER SOURCE.
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