House property

Prejith (Pursuing CA) (92 Points)

12 June 2010  

Hi

I got this doubt while solving sums but not practically in the office:

Q. Standard Rent is the maximum rent that a person can LEGALLY recover from his tenant under the Rent Control Act. 

Now, in the above sentence, does it mean that any amount recovered above the standard rent is illegal ??

That is, if the Standard Rent is Rs. 1,50,000/- and the actual rent recovered is Rs. 1,80,000/- for a property that is covered under the rent control act, then what he has recovered is legal or illegal ??

 

Thanks