https://www.taxtmi.com/highlights?id=72065 Taxability of Advance Rent received - the assessee received advance rent from the Government Agencies which is not accrued to the assessee and the same has to be taxed in the assessment year for which the same is related. Therefore, it cannot be taxed in the hands of the assessee in the year under consideration. - AT en-us Mon, 18 Sep 2023 09:25:47 +0530 Mon, 18 Sep 2023 09:25:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=72065 Taxability of Advance Rent received - the assessee received advance rent from the Government Agencies which is not accrued to the assessee and the same has to be taxed in the assessment year for which the same is related. Therefore, it cannot be taxed in the hands of the assessee in the year under consideration. - AT Highlights Income Tax Mon, 18 Sep 2023 09:25:47 +0530 https://www.taxtmi.com/highlights?id=72065