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Issue ID : 119211
- 0 -

INTREST RECOVERD FROM TENANT

Date 17 Jul 2024
Replies1 Answers
Views 343 Views
Asked By

Dear Expert

Our Client has Recovered Interest Amount from defaulter Tenant.

Our Quairy : Interest Recovered is Consider as Income from house property or Other Sources of Income

Please Guide

1 answers
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Replied on Jul 22, 2024
1.

In my opinion, it should be income from other sources.

What is taxable under income from house property u/s 22 is only the annual value of the property.

Old Query - New Comments are closed.

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