Under which head is the rental income from a shop charged to tax? - Tax India

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Friday, February 16, 2018

Under which head is the rental income from a shop charged to tax?



 Under which head is the rental income from a shop charged to tax?

​​​To tax the rental income under the head “Income from house property”, the rented property should be building or land appurtenant thereto. Shop being a building, rental income will be charged to tax under the head “Income from house property”

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