I have given advance rental on house I rented. I have given 6 months advance that amount to Rs 6 600. Do I have to account this advance payment in calculating my Zakaat?
Yes indeed you need to add Rs 6600 in calculating your Zakaat. All advance payment are considered as debtor to the payer. But for it to be included in the Zakaat calculation, then the amount should be at least one fifth of the Nisaab. The Zakaat nisaab is actually Rs 30 000. One fifth is Rs 6000. As such the advance payment of accountable amount for Zakaat. So you need to to your cash, jewelry and also Rs 6600 as debtor. (Reference: Shami)