Tax treatment of fix monthly amount received

Its not just property that is given for rent......... but school business given for conductance.......... PGBP

First of all Thank you very much sir for answering my query.

Sir, i have some further doubts, please enlighten me.

What if, whole contract formed in such a way that out of 7 lakhs, some is allocated as Rent of School Building and balance amount as conductance of school. is this is possible?

if yes, then can we claim 30% standard deduction on Building rent under HP, and balance is chargable under PGBP ?

1. Yes.

2. Yes..... Correct........ Congrates.....