Arrears of rent treated as income from house property in year of receipt, with a repair and maintenance deduction allowed. Arrears of rent are treated as income from house property in the year in which received and must be included in total income under that head whether or not the recipient is the property owner in that year; a deduction is allowed from such arrears towards repair and maintenance of the property.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Arrears of rent treated as income from house property in year of receipt, with a repair and maintenance deduction allowed.
Arrears of rent are treated as income from house property in the year in which received and must be included in total income under that head whether or not the recipient is the property owner in that year; a deduction is allowed from such arrears towards repair and maintenance of the property.
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