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Technical

Published 08/28/2017 03:46 PM | Updated 08/29/2017 01:16 PM

If my building has commercial properties on ground floor and residential on 1st-4th floor, which rental income tax should I pay?

You may elect to file and pay tax either in the annual regime or the residential part (if the income is between 144,000 and 10,000,000) under the MRI regime while the commercial part under the annual regime

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