28 December 2021
When we give a property on lease for a particular period Eg: Say i give a property for lease for 4 years for a INR. 10 Lacs/-. This 10 Lacs is refundable on the expiry of the lease. I invest this in bank for 4 years) How and under what head will the lease rent and the interest be taxable?
CAclubindia
