Rental income

Tax queries 216 views 1 replies

IF RENT HAS BEEN RECIEVED FOR 2 YEARS IN THE SAME YEAR...

SHOULD IT BE TAXABLE FULL IN THE YEAR OF RECIEPT  OR INCOME SHOULD BE DIVIDED IN TWO DIFFERENT YEARS IN THE COMPUTATION ?

Replies (1)
Received year 2 years rent receive in 1 fy, so rental income is taxable In the relevant fy


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