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Whether Delay Interest in delayed possession is Taxable / Exempted under IT Act ?, Other Topics

Issue Id: - 119586
Dated: 11-2-2025
By:- Rohit Sharma

Whether Delay Interest in delayed possession is Taxable / Exempted under IT Act ?


  • Contents

Furtherance to the order of RERA, whether the Delay Interest on account of delayed possession received by Allottee from the Promoter/Builder is Taxable under IT Act? If so, how can the exemption are availed?

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