https://www.taxtmi.com/highlights?id=79954 Income from letting out residential house property by owner to be taxed under head 'Income from house property', not 'Profits and gains of business or profession'. Amendment to section 28 of Income-tax Act to clarify this, effective from assessment year 2025-26. en-us Tue, 30 Jul 2024 21:44:30 +0530 Tue, 30 Jul 2024 21:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79954 Income from letting out residential house property by owner to be taxed under head 'Income from house property', not 'Profits and gains of business or profession'. Amendment to section 28 of Income-tax Act to clarify this, effective from assessment year 2025-26. Highlights Bill Tue, 30 Jul 2024 21:44:30 +0530 https://www.taxtmi.com/highlights?id=79954