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of <h1>Arrears or unrealised rent counted as house property income when received with 30% deduction allowed under income tax rules</h1> Arrears of rent or unrealised rent received by a taxpayer from a tenant are treated as income from house property in the year they are received or realised. This income must be included under the head 'Income from house property' regardless of ownership status. A deduction of 30% of the arrears or unrealised rent amount is allowed against this income.
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