Residential house, the tenant's Arrears of rent plus interest finally paid after 2 -1/2 years.
Query: In filing ITR , is the interest earned on arrears of rent paid be considered part of rental income or the interest part be income from other sources?
Declare it under Schedule 'IFOS' ...
Declare it under Schedule 'IFOS' ...
Gowra Ventures Pvt Ltd
Hyderabad
CA
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Jawahar and Associates Chartered Accountants
Hyderabad
CA Inter
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VIKAS VERMA & CO
New Delhi
Others
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CAclubindia
