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Rent received from builder for Redevelopment of flat

This query is : Resolved 
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(Querist)
20 December 2025 hiii!!! Rent received from builder for redevelopment of flat , it is exempt income ? of do we have to report this under ITR ??
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Dhirajlal Rambhia

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Dhirajlal Rambhia (Expert)
20 December 2025 Courts and the Income Tax Appellate Tribunal (ITAT) have consistently ruled that this amount is a capital receipt, not a revenue receipt. It is viewed as compensation for the hardship and displacement caused by the redevelopment, rather than taxable rental income; provided you have paid rent during the transit period.
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