Income from house property

CHAITRI SUDHAKARBHAI KHAROD (ARTICLE) (752 Points)

16 January 2021  
suppose actual rent received is 20000/- then in BOA, we record actual rent and pass journal entry as below
cash/bank a/c dr 20000
To rent income 20000

But as per income tax act, valuation of rent of house property is made differently and suppose it is 25000/-

then it is called difference between income tax and account....

is it correct??