Rental income from the business of leasing out properties would be taxable under the head_______
A)income from house property
B)income from other sources
C)income from pgbp
D)income from capital gain

Question

Quizplus · Accepted Answer

Rental income from the business of leasing out properties is taxable under the head "Income from Profits and Gains of Business or Profession" (PGBP) as it is considered a business activity.

Rental Income from the Business of Leasing Out Properties Would