Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Unrealised rent deemed income from house property when realised, taxable in the year of receipt. Where rent previously irrecoverable from a tenant is subsequently realised, the amount realised is deemed to be income chargeable under the head Income from house property and is taxed as income of the previous year in which it is realised, whether or not the assessee is the owner of the property in that year.
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.
Unrealised rent deemed income from house property when realised, taxable in the year of receipt.
Where rent previously irrecoverable from a tenant is subsequently realised, the amount realised is deemed to be income chargeable under the head Income from house property and is taxed as income of the previous year in which it is realised, whether or not the assessee is the owner of the property in that year.
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