A House owned by Meghna and located at Jaipur was on rent till it was sold out in the month of March, 2020. She received an amount of ₹45,000 as arrears of rent from the tenant in the month of February, 2021. The taxable

CS Executive · Tax Laws · PYQS · December 2021
A House owned by Meghna and located at Jaipur was on rent till it was sold out in the month of March, 2020. She received an amount of ₹45,000 as arrears of rent from the tenant in the month of February, 2021. The taxable amount of arrears of rent so received by her in A.Y. 2021-22 would be:
(A) ₹31,500
(B) ₹22,500
(C) ₹45,000
(D) NIL

Answer & Explanation:

Correct Answer: Option (A)

Official answer key: (A).

Topics: Income Tax Act, 1961

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