Accounting for rent paid by builder for redevelopment in ITR1

374 views 1 replies

Hello,

The return is of my mom who owns the flat in an apartment which is now under re-development. The builder pays rent each month and also deducts 10% TDS as shown in the image below. 

My question is how to account for this in her ITR1? Should the entire 4,20,000 be shown as income and then the TDS be also accounted for in Tax paid?


 

Replies (1)

Your query can be solved.

Regards,
CA. Raj Doshi
*R C D & Co.*
*Chartered Accountants*
*Understanding Entrepreneurs, Transforming Businesses*

*Linkedin* - https://www.linkedin.com/in/ca-raj-doshi-5b390777/

*Website* - www.rcdco.in

*Email* - raj @ rcdco.in

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
20 June 2026
Assistant Accounts Manager

Fintax Professionals

Gurgaon

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
24 June 2026
Chartered Accountant - GST & Direct Tax

APL

Mumbai

CA

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
01 June 2026
Audit, Taxation & Compliance Executive

R P S K & Associates

Nashik

CA Inter

View Details