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of <h1>Provision taxes arrears and subsequently realised rent as house property income on receipt with 30% flat deduction, applies to recipient</h1> The compared Bill and Act provisions treat arrears of rent and previously unrealised rent realised subsequently as income from house property in the year of receipt/realisation, applying to the recipient 'whether the assessee is the owner or not,' and allow a flat 30% deduction on such receipts; the two texts are substantively identical apart from minor drafting clarifications in the Act and a brief explanatory line present in the Bill. No provisos, definitions, transitional rules, or cross-references are included, leaving issues like timing disputes, ownership transfers, set-off, or assessment interactions unaddressed in the provision as presented.
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