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<h1>Arrears or realised past rent taxed as house property income when received, with 30% deduction allowed.</h1> Arrears of rent or previously unrealised rent received from a tenant are treated as income from house property in the financial year in which they are received or realised and must be included in total income under that head, regardless of whether the recipient is the legal owner of the property in that year. A deduction equal to thirty percent of such arrears or realised unrealised rent is permitted from that income.