Head of income?
Sumit Sawant (1 Points)
10 March 2019
rental income from property held as stock in trade ?
6 Replies
SONESH KABRA
(2 Points)
Replied 10 March 2019
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.
SpecyStuff
(19 Points)
Replied 11 March 2019
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
piyush jain
(27 Points)
Replied 16 April 2019
| Originally posted by : SHIVANI KUDTARKAR | ||
 |
income from house property |  |
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