27. Vidya received * 90,000 in May, 2020 towards recovery of unrealised rent, which was...
80.2K
Verified Solution
Link Copied!
Question
Accounting
27. Vidya received * 90,000 in May, 2020 towards recovery of unrealised rent, which was deducted from actual rent during the P.Y. 2018-19 for determining annual value. Legal expense incurred in relation to unrealized rent is * 20,000. The amount taxable under section 25A for A.Y. 2021-22 would be
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
