House Property
This query is : Resolved
01 January 2011
What is the difference between Sec 25A and Sec 25AA in House Property?
Rupesh Gujarathi
(Expert)
02 January 2011
Both these sections deal with taxability of realisation of unrealised rent, after the deduction is allowed in any of the earlier years towards the amount of unrealised rent.
Section 25A - says that after realisation of unrealised rent, if the deduction is allowed for unrealised rent under section 24(1)(x), before section 24 amended by Finance Act, 2001. Such unrealised rent should be taxed in the year of receipt.
Section 25AA - says that after realisation of unrealised rent, if unrealised rent is not included in the income from house property, under explanation to section 23(1). Such unrealised rent should be taxed in the year of receipt.
It must be noted that the principle in both these sections is same, i.e. taxability of unrealised rent.
In case you need further discussion mail me on rupeshca2001@gmail.com
Section 25A - says that after realisation of unrealised rent, if the deduction is allowed for unrealised rent under section 24(1)(x), before section 24 amended by Finance Act, 2001. Such unrealised rent should be taxed in the year of receipt.
Section 25AA - says that after realisation of unrealised rent, if unrealised rent is not included in the income from house property, under explanation to section 23(1). Such unrealised rent should be taxed in the year of receipt.
It must be noted that the principle in both these sections is same, i.e. taxability of unrealised rent.
In case you need further discussion mail me on rupeshca2001@gmail.com
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Accounting treatment of AMC alongwith the purchase of Laptop
- Nursery business
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- Tax on Amount transferred in HUF Account
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
