Income of trust

Gaurav (MBA) (144 Points)

20 September 2013  

Dear all,

A trust is having the rental income from the Warehouses it has, now while filing the return whether such income shall be shown in the Income from House Property or PGBP? If the answer to this is Income from HP then whether the deduction u/s24 shall be deemed as spending of 85%?

Kindly help me in the said issue.

Thanking you