TMI BlogNotional interest on security deposits included in annual letting value u/s 23 of Income Tax Act.Notional Interest on security - part of annual letting value of the property. - Section 23 - Where payment of the security deposit is to circumvent the real rent, the same shall fall within its ambit as income from house property..... - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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