Easy Office
Easy Office

Entire amount is given as refundable security deposit

This query is : Open 
Profile Image

Profile Image

(Querist)
13 May 2019 if Entire amount is given as refundable security deposit under lease agreement
and no lease rental is involved in the internvening years

How Income of the lessor will be determined for income tax perspective.

please clarify me
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
14 May 2019 Interest on such deposit, may be computed at the bank rate. That will be Income of the lessor determined for income tax perspective.
Profile Image

RAJESH KUMAR

Profile Image

RAJESH KUMAR (Querist)
14 May 2019 Sir,

Please provide me relevant provision
Upgrade to CAclubindia Pro. Subscribe Now!


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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links