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Rent or interest income or what?

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 November 2013 Dear Sirs,
I have booked an under construction commercial property with assured returns of 12.5 % per annum in 2012-13 FY. How should I treat this assured return(minus TDS) ? Rent from commercial property or Fixed Deposit interest or interest from company deposit or What? PLEASE GUIDE ME.
Thanks in advance

03 November 2013 As you are not letting out any property on rent..
You should treat such income under Income from other Source....



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