Hospital rent Taxation

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Hi Sir/Madam

We would like to separate hospital building from Hospital operations

Hospital building will be under proprietorship

Hospital operations under Company

from Company Every month we are Paying rent to wards Hospital building to Proprietor by deducting tds including GST

Please advise

is there any chance to get depreciation for building under proprietorship

instead of showing Hospital rent under income from house property

Thanks in advance
Replies (2)

If you have business of renting properties on rent, then it can be declared under PGBP, as such depreciation can be claimed.

Agree with Namisha Bajwa ji.


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