[Mints. Caso IP 1,000. Caso II. 17.000) Treatment of unrealised rent recovered (From AY 2002-03 onwards) (Section 25AA It shall be deemed as income of the year in which recovered even if the assessee does not own the house property during the previous year in which such amount is realised. While calculating deemed income from houses property for unrealised rent recovered, it shall be seen that on how much amount the assessce had saved tax in that previous year in which deduction was claimed. A comparison will be made between the amount of rental value on which tax has been paid and the rental value on which he would have paid tax, had there been no unrealised rent ILLUSTRATION O Calculate the taxable amount of unrealised rent recovered in following case : P/Y 2013-14 P/Y 2014-15 Mr. X Mr. Y Mr. X Mr. Y MRV FRV Standard Rent Annual Rent Unrealised Rent Unrealised Rent Recovered 1.20,000 1.36.000 1,30,000 1,60,000 20,000 NIL 1,20,000 1.36.000 1,25,000 1.35,000 20.000 NIL 1,20,000 1.36,000 1,30,000 1.60.000 NIL 18.000 1.20.000 1,36,000 1.25.000 1.35.000 NIL 18.000