Flat amount returned by builder after 6 years

This query is : Open

sunil kumar goel (Querist)
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21 March 2012 Purchased flet in Oct 2006 for 32 lakhs.
by March 2010 paid 27 lakhs but flat not complete. In feb 2012 , builder gave 30 lakhs after taking NOC.
flat amount was paid jointly with my wife.

IT on the differential amount

Sunil Kumar

CA. Vinod Agarwal

CA. Vinod Agarwal (Expert)
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22 March 2012 Difference amount should be treated as income from other sources.

sunil kumar goel

sunil kumar goel (Querist)
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22 March 2012 Thanks Mr Vinod.
The other income of Rs 3 lakhs will be divided between me and my wife in prortion to the amount paid by us?

Sunil Kumar