Special provision for arrears of rent and unrealised rent received subsequently
25A. (1) The amount of arrears of rent received
from a tenant or the unrealised rent realised subsequently from a
tenant, as the case may be, by an assessee shall be deemed to be the
income from house property in respect of the financial year in which
such rent is received or realised, and shall be included in the total
income of the assessee under the head "Income from house property",
whether the assessee is the owner of the property or not in that
financial year.
(2) A sum equal to thirty per cent of the arrears of
rent or the unrealised rent referred to in sub-section (1) shall be
allowed as deduction.