01-04-2005, 07:05 AM
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AOA
Rent is charged under the head Income from other sources in the following cases
In case of Sub Lease
In case of giving property on rent ALONG with OTHER property e.g along with machinery.
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And if rent is because of Trading purposes then it is Taxed under
Schedule D Case 1........
Thanks........
Happy New Year
AOA
Rent is charged under the head Income from other sources in the following cases
In case of Sub Lease
In case of giving property on rent ALONG with OTHER property e.g along with machinery.
<hr height=1 noshade id=quote></BLOCKQUOTE id=quote></font id=quote><font face="Verdana, Tahoma, Arial" size=2 id=quote>
And if rent is because of Trading purposes then it is Taxed under
Schedule D Case 1........
Thanks........
Happy New Year