TAX TREATMENT ???
This query is : Open
02 July 2010
SIR/MADAM,
RENT RECEIVED DURING THE REDEVELOPMENT OF EXISTING FLAT ,FROM THE BUILDER WHICH WE CAN NOT PAY FURTHER & WE ARE RESIDE AT OUR RELATIVE’S HOME,
SO WHAT IS THE TAX TREATMENT UNDER THE ACT ?
RENT RECEIVED DURING THE REDEVELOPMENT OF EXISTING FLAT ,FROM THE BUILDER WHICH WE CAN NOT PAY FURTHER & WE ARE RESIDE AT OUR RELATIVE’S HOME,
SO WHAT IS THE TAX TREATMENT UNDER THE ACT ?
02 July 2010
The amount received will be taxable.
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02 July 2010
where ?
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