Home > Income Tax > House Property > Unrealised Rent Recovered Subsequently – Section 25AA

Unrealised Rent Recovered Subsequently – Section 25AA

From financial year 2016-17 section 25B is merged into section 25A.

Provisions till financial year 2015-16

When the assessee cannot realise rent from a house property and the assessee has realised any amount in respect of such rent in any subsequent years,  then such income shall be deemed to be the income from house property, in the year of receipt.

No standard deduction u/s 24a shall be allowed. Therefore 100% of such sum received will be taxable.

The income shall be taxable Irrespective of whether or not the assessee is the owner of the property in that year.


TaxAdda Assistant - Chrome Extension for Easy Working on GST Portal

It will automate 3 works on GST portal for you
  1. Auto-fill payment page in GST portal and calculate adjustments and cash payment required. 
  2. Copy tax payable details and paste it in email or skpye for sending to clients.
  3. Auto fill challan with the amount of GST payable.
Download from Chrome Webstore  (Free Till 31st January 2018)

Remain Updated with GST & Income Tax
Join 20K subscribers