Income from Business or House Property

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..... A Pvt Ltd company with main object of construction of building, apartment and letting them on hirelease and selling in ownership, earns rent from these apartment. My query is whether rent earned would .....

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..... be taxable under the head income from business or income from house property. - Reply By CA GOPALJI AGRAWAL - The Reply = It would be taxable under income from house property. There are only two e .....

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..... xceptions one, it letting out is just incidental and subservient to the business of the assessee like letting out to employees etc and second if letling out property includes charges for other facilit .....

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..... y in the form of business cabins where rent can not be approtioned. Probably your case does not seem in exceptional categories. - Income from Business or House Property - Query Started By: - SANJA .....

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..... Y BAHETI Dated:- 26-11-2012 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxman .....

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..... agement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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