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Income Tax - Highlights / Catch Notes

Home Highlights August 2017 Year 2017 This

Head of the income - amount received for providing amenities to ...


Income from Tenant Amenities Taxable as House Property, Electricity Reimbursement Assessed Separately as Other Income Sources.

August 31, 2017

Case Laws     Income Tax     AT

Head of the income - amount received for providing amenities to the tenant - amount towards furniture and other facilities including car parking, benefit of sanitary fittings is taxable as Income from house property - However, reimbursement of electricity charges, expenditure incurred for providing such services to be assessed separately under the head “Income from other sources”

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