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Entire amount is given as refundable security deposit

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(Querist)
13 May 2019 if Entire amount is given as refundable security deposit under lease agreement
and no lease rental is involved in the internvening years

How Income of the lessor will be determined for income tax perspective.

please clarify me
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
14 May 2019 Interest on such deposit, may be computed at the bank rate. That will be Income of the lessor determined for income tax perspective.
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RAJESH KUMAR

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RAJESH KUMAR (Querist)
14 May 2019 Sir,

Please provide me relevant provision




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