How is rental income from a shop taxed

Ask the Community Income Tax
1

Hi,

For a shop given for rent, under which head is the rental income from a shop charged to tax?

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2

​​​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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