If a company let out his any bulding to any other party then in which section it should be taxable ???
whether income would be taxable as let out property or as income from business ????
2 Replies
pranit
(na)
(66 Points)
Replied 04 June 2013
Untill n unless company is engaged in business of construction n sell of property.... Leting out of propety would b taxable under head of Income from house property....
Thanx Regards....
mayank
(Article assistant)
(38 Points)
Replied 04 June 2013
Please let me know section to refer further......
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