Income from house property
This query is : Resolved
16 October 2011
Dear Expert
Please tell me what will the GAV of this property.
Mr A own a house property in delhi. From the particulers given below.
Municipal value 200000
Fair rent 252000
Standard rent 240000
Actual rent (per month) 23000
Please tell me what will the GAV of this property.
Mr A own a house property in delhi. From the particulers given below.
Municipal value 200000
Fair rent 252000
Standard rent 240000
Actual rent (per month) 23000
16 October 2011
GAV Rs.23000*12
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16 October 2011
SHRIMALI, IF HP IS LET OUT THEN GAV=276000
IF HP VACANT DEEMED LET OUT=EXPECTED RENT=240000(STANDARD RENT)
IF SELF OCCUPIED THEN=NIL.
ALSO THANKS TO RICHA SMART ANSWER
IF HP VACANT DEEMED LET OUT=EXPECTED RENT=240000(STANDARD RENT)
IF SELF OCCUPIED THEN=NIL.
ALSO THANKS TO RICHA SMART ANSWER
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