‘Explanation 3. to sec 28––It is hereby clarified that any income from letting out of a residential house or a part of the house by the owner shall not be chargeable under the head “Profits and gains of business or profession” and shall be chargeable under the head “Income from house property”.’. this is new amendment in budget 2024 will it be appplicable to all rental income from letting out of godowns/ commercial premises / industrial premises??? | anreads Forums | anreads