Please Help: Income Tax
Posted Date : 24-Mar-2015 , 03:44:33 pm | Posted By Mayank Sethi
Assessee sold goods and customer say to store goods in assessee godown and assesse charged rent for that and customer deduct TDS on rent u/s 94IB, so we show rent income separate in computation or merge in business profit. Please suggest me what do in above case.
Category : Income Tax | Answers : 0 | Comments : 3 | Hits : 215
Answers
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ANandkuimar
26-Mar-2015 , 03:15:25 pmin this case there is no nexus between sale of goods and rent for godown. in my view you should show rental income seperatly
Mayank Sethi
01-Apr-2015 , 01:49:17 pmThank You..
Vipul Jadhav
11-Apr-2015 , 11:41:39 amThe point to be looked into is whether it is the Business of the Assessee to provide such service to his clients.