08 February 2014
X owns a house property which is given on rent. for the previous year 2001-2002,he claims a deduction of Rs.78000.On account of unrealised rent,out of which AO allows only 62000 as deduction.What are the tax consequences if X recovers on june 19,2012 from the defaulting tetant. (a)Rs.10000 (b)Rs.16000 (c)Rs.35000 as full final payment.
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