Waiver of rent-accouning treatment

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Mehul Chaturvedi (Querist)
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21 December 2012 I WOULD LIKE TO KNOW WHETHER RENT WAIVED IS TO TREATED AS EXPENSE OR INCOME IS TO BE REDUCED.
kINDLY EXPLAIN IN DETAIL.

CA VENUGOPAL KASAT

CA VENUGOPAL KASAT (Expert)
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22 December 2012 dear friend,
pls check that my assumption are correct.
1. The rental income was taken under Income from House property.
If it is yes,
than deemed income will come into picture, so question of waiver doesnt arises

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Mehul Chaturvedi

Mehul Chaturvedi (Querist)
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22 December 2012 DEAR SIR,
I WAS REFERRING TO RENT FROM COMMERCIAL PROPERTIES FOR COMMERCIAL PURPOSES....SUCH AS RENT PAID BY SHOPS IN MALLS...
WHAT SHOULD BE THE TREATMENT IN THE BOOKS OF MALL OWNER.......IF A PORTION OF THEIR RENT IS WAIVED BY THE MALL OWNER

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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13 August 2023

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