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Following 5 property cant be taxed under Income from House Property

1) Property used for business or profession

2) Property used for charitable purpose

3) Property of trade union or local authority

4) One palace of   Ex-Rulers

5) Income from building attached to an agricultural land which is used for storage or dwelling House etc.

  1. Income Tax
  2. Income From House Property
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About the Author

CA Maninder Singh's photo - Expert in Practical Accounts, Taxation and Efiling
CA Maninder Singh
CA Maninder Singh is a Chartered Accountant for the past 8 years. He provides courses for Practical Accounts, Taxation and Efiling at teachoo.com .