https://www.taxtmi.com/forum/issue?id=4312 Income from real estate must be classified by examining background, circumstances and taxpayer purpose. Depending on that analysis, receipts may be treated as Business And Profession (trading/development), Capital Gain (transfer of capital asset), or House Property (rental income). The proper head of income is determined by intent, frequency, nature of operations and transaction structure. en-us Fri, 29 Jun 2012 16:31:15 +0530 Thu, 23 Jan 2025 15:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=4312 Income from real estate must be classified by examining background, circumstances and taxpayer purpose. Depending on that analysis, receipts may be treated as Business And Profession (trading/development), Capital Gain (transfer of capital asset), or House Property (rental income). The proper head of income is determined by intent, frequency, nature of operations and transaction structure. Discussion-Forum Companies Law Fri, 29 Jun 2012 16:31:15 +0530 https://www.taxtmi.com/forum/issue?id=4312