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Tax treatment on redevelopment of property

This query is : Resolved 

17 October 2013 One of my clients property will undergo Redevelopment...now all members are agreed to shift to another place for the time being...meantime builder will give each of them some amt as corpus as well as agreed sum as an rental. In agreement both of (corpus and rental ) written as "Hardship Allowance", that both the amts are exempt?

17 October 2013 Hi

Rent paid by builder to Landlord then it is exempt & paid to members is taxable.

Thanks

17 October 2013 Hi

Rent paid by builder to Landlord then it is exempt & paid to members is taxable.

Thanks




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