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
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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
Old Query - New Comments are closed.
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.