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Head of income?
rental income from property held as stock in trade ?
Replies (6)
income from house property
It may be your business income, if you can prove that your industry is having this type of general income.
Also you cannot take deduction in HP head, as this property is in your stock in trade.
Also you cannot take deduction in HP head, as this property is in your stock in trade.
Agree with Shivani ji
There are total 5 heads of income:-
Income from house property
Income from salaries
Profits and Gains from business and profession
Income from capital gains
Income from other sources
Income from house property
Income from salaries
Profits and Gains from business and profession
Income from capital gains
Income from other sources
Income from HP
| Originally posted by : SHIVANI KUDTARKAR | ||
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income from house property |  |
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