Deposit against office space to be adjust in 25 year

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  1. skg9461

    skg9461 New Member

    sir

    I am going to receive 3 lac as deposit and rent will be 1500 per month and 1000 will be deducted for deposit refund per month from 100 different tenants who have pan no and their turn over is below 40 lac
    what would be income tax on my personal account
    I have purchase 30 years before agriculture land and now convert it NA Land
     
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