I have a business and I brought car for personal purpose and sometime I give it to other people on rent.
this income I showing up in my ITR 4 under the head income from other sources.
my query is that can I show as business or other sources of income ?
3 Replies
Saket Mishra
(367 Points)
Replied 25 July 2019
since it is an incidental income for you and you are not doing the business of renting the car therefore you must have to show it under Other Source..
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