https://www.taxtmi.com/highlights?id=35150 Section 23(1) contemplates the possible rent that the property might fetch but certainly not the interest in the fixed deposit that may be placed by the tenant with the landlord in connection with the letting out of such property. The notional interest was not assessable either as business income or as income from house property. - AT en-us Tue, 06 Jun 2017 11:13:22 +0530 Tue, 06 Jun 2017 11:13:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=35150 Section 23(1) contemplates the possible rent that the property might fetch but certainly not the interest in the fixed deposit that may be placed by the tenant with the landlord in connection with the letting out of such property. The notional interest was not assessable either as business income or as income from house property. - AT Highlights Income Tax Tue, 06 Jun 2017 11:13:22 +0530 https://www.taxtmi.com/highlights?id=35150