income from house property

This query is : Resolved 

24 February 2011 what will be the treatment of 'recovery of unrealised rent and arrears of rent' in the p/y in which both of these are recovered ?
please helm me out, how and where both of these be added to the taxable income from house property..
for example the unrealised rent and arrears are rs.30,000 each.

25 February 2011 It will be covered under income from other sources in the year of receipt.

04 March 2011 shall amount be equal to the amount recieved ?


05 March 2011 Yes Kavita. It will be taxable without any deduction.

If u need any further clarification you can mail me at agrawal121@yahoo.co.in or contact at 9998072702

Bye..........



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