Rent received from building held by an assessee as stock-in-trade is taxable under the head.
A. profit or gains of business or profession.
B. income from house property.
C. income from other source.
D. income from salaries
Answer:B
Rent received from building held by an assessee as stock-in-trade is taxable under the head.
A. profit or gains of business or profession. B. income from house property. C. income from other source. D. income from salaries