Cash deposits for monthly rental

Others 178 views 3 replies

Dear everyone, 

Is it allowed to receive monthly rental amount (Rs 48000) as cash deposit done to my bank account by the tenant? Will it result in any tax query/complication for me? Proper rental agreement exists and I am declaring the income and paying necessary taxes.

Thanks, Bishwa

Replies (3)
Proper rental agreement exists and I am declaring the income and paying necessary taxes....

as per this NO ISSUES...
Better to get a receipt from landlord and online payment
Originally posted by : sabyasachi mukherjee
Better to get a receipt from landlord and online payment

Very Good message Mrrrrrr...


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