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income from house property

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(Querist)
21 October 2008 in the case of unrealised rent, whether it shall b deducted from actual rent or from gross anual value????
as per provision it shoud b from actual rent but return of income shows it as deduction from gross annual value?!!!!!!
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
21 October 2008 Please go through the explanation u/s 23, which may throw light.
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ankur

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ankur (Querist)
23 October 2008 confusion is bcoz of roi, i hav askd that wt is the correct way? provision is not clear
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R. Soumyanarayanan

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R. Soumyanarayanan (Expert)
24 October 2008 In computing the actual rent received or receivable, the unrealised rent is deducted.

for computing the GAV, one of the factor is the actual rent received or receivable, the other being reasonable expected rent.

hence what is given in the return, is not correct
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