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When is income from rented accommodation to be treated as
investment income and when as trading income?
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Answer Posted / ravi
investment income may be in the form of return which
we accpect the return may be in the form of intrest or
dividend rented accomidation treated as an investment
income when rent received is invested in securities
trading income is the income which is derived from
particular trade then it will be treated as trading income
generally trading income will be recorded in credit side of
trading a/c
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