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Security deposit received from tenant as hp

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15 June 2013 Advanced received from house property for 3 months security deposit from tenant as refundable interest fee deposit is taxable in the head income from house property.????
In which year it is taxable ///
is it need to considered in house property income.

reply friends

15 June 2013 refundable security deposit is not a income so no need to pay income tax on it.

Views of other experts are invited

15 June 2013 refundable deposit is not taxable.

it is taxable in the year if it is adjusted to rent ...

Thanks ®ards
Ganeshbabu k




15 June 2013 Thank you experts

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