UNREALISED RENT IS TAXABLE

Tax queries 213 views 1 replies

There is rent which i have not realised , and i dont know wethere tenant would give me or not so is this necessary for me to show it in the ITR or if i show it that this rent is pending then wether this would be taxable as of now or not????

Replies (1)

unrealized rent is less from Gross Annual Value .

and taxable in the year in which it is realized after standard deduction @ 30% (flat) . 


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