Question

How to treat rent warehouse

Answer 1

Answer:

Rent from Warehouse facilities is Business Income: ITAT [Read Order] The Kolkata bench of Income Tax Appellate Tribunal (ITAT) in DCIT versus M/s Maa Amba Towers, held that the rental income earned from the warehouse is to be treated as business income under the provisions of the Income Tax Act, 1961.

hope it helps you

Answer 2

Answer:

Rent from Warehouse facilities is Business Income: ITAT [Read Order] The Kolkata bench of Income Tax Appellate Tribunal (ITAT) in DCIT versus M/s Maa Amba Towers, held that the rental income earned from the warehouse is to be treated as business income under the provisions of the Income Tax Act, 1961.