Rent for Temprorary Accomodation in case of Redevelopment

This query is : Resolved

SAJJAD (Querist)
Follow

04 December 2008 Rent one gets on temproray accomodation from developer in case of redevlopment is taxable or not?

CA Hemant T Dewani (Expert)
Follow

04 December 2008 whether any causal income you will earn is taxable u/s 28 so in my opnion it is taxable income

Dhirajlal Rambhia (Expert)
Follow

07 November 2021 Any excess of receipt from builder over the actual rent paid for temporary accommodation will only be taxable under head IFOS.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Unanswered Queries

view all classess