Rent receivable from the government


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This discussion addresses whether a company must account for rent receivable from the government, even if it hasn't been received. It explores the tax liability for non-receipt and suggests offering the rent to tax while simultaneously claiming a deduction for the unrealised amount as a potential solution.

01 July 2025 Whether company has to show in its accounts for the rent as rent receivable for the rent amount not received from the Government . In such case Company is liable to pay tax for non receipt of rent during the year. What will be the alternative?

01 July 2025 offer it to tax and claim deduction for unrealized rent.

01 July 2025 offer it to tax and claim deduction for unrealized rent.


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