We know that Rent of Immoveable Property paid to owner or deemed owner is covered under Income from House Property

But Rent of Moveable Property like Plant and Machinery or Rent of Immoveable property paid to tenant is taxable as Income from Other Sources or PGBP income

(if regular business, then PGBP income otherwise Income from Other Sources)


  1. Income Tax
  2. Income from Other Sources
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Davneet Singh
Davneet Singh is a graduate from Indian Institute of Technology, Kanpur. He has been teaching from the past 7 years. He provides courses for Mathematics and Science from Class 6 to 12. You can learn personally from here https://www.teachoo.com/premium/maths-and-science-classes/.