Advance rent received in p.y.2017 - 18

290 views 1 replies
what will be tax treatment for advance rent received on house property under ITR please guide. thank you.
Replies (1)

It will be taxable in the year of its (rental) libility. In the year of receipt it is treated as advance only.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register