Rent recd

This query is : Resolved 

13 May 2014 Hi Sir,

I have a rental property and tenant pay per month 27000/- and deduction 10% .but FY 2013-2014 only tds deposit for april 2013 and he say rest tds amount will be given in cash(2700*12=32400-2700=29700 will recd cash .so how will be me computation and how will be rent recd amount show in income tax department.

13 May 2014 Rent received will b treated as ur income from House Property. And u can claim deduction by downloading Form 26AS from incometaxefiling website.

14 May 2014 YOU CAN DOWNLOAD YOUR 26AS FOR SEE ALL TDS DEPSOITED BY YOUR TENANT.
AND RECD RENT( BEFORE TDS) BY YOU IN 2013-14 TAXABLE.



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