https://www.taxtmi.com/highlights?id=51611 Correct head of income - income from letting out of warehouses or property to lessees - in cases where the earning of the rental income is the exclusive or predominant business of the Assessee, the income earned by way of lease money or rentals by letting out of the property cannot be taxed under the Head 'Income from hosue property', but can only be taxed under the Head 'Income from business income'. en-us Thu, 06 Feb 2020 18:08:24 +0530 Thu, 06 Feb 2020 18:08:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=51611 Correct head of income - income from letting out of warehouses or property to lessees - in cases where the earning of the rental income is the exclusive or predominant business of the Assessee, the income earned by way of lease money or rentals by letting out of the property cannot be taxed under the Head 'Income from hosue property', but can only be taxed under the Head 'Income from business income'. Highlights Income Tax Thu, 06 Feb 2020 18:08:24 +0530 https://www.taxtmi.com/highlights?id=51611