Determination of Annual Value

Tax queries 1100 views 6 replies

Assessee is having the 4 House Properties.

one Self occupied and other 3 letout.

  2nd 3rd 4th
Rent p.m. Rs.6500 Rs.4500 Rs.9000
Vacant for 0 Months 8 Months 12 Months
Rent Received 78000 18000 Nil

What will be the GAV of above House properties ????

Specially of 4th property which ramained vacant for whole year....

Replies (6)

the question posted is wrong.. if properties 2 & 3 are let out for 12 months each, how can they be vacant for 8&12 months respectively...

thank u Mr.hitesh....

u r very inteligent...

 

the reason for giving such detail is just for that the property is letout for the whole year...and not self occupied nor costracted in any time during the year....

see in red to understand your mistake before replying to others..

 

  1 2 3
Rent p.m. 6500 4500 9000
let-out for 12 Months 12 Months 12 Months
Vacant for 0 Months 8 Months 12 Months
Rent Received 78000 18000 Nil

@ hitesh

dont waste time on such quaries 

he dont know meaning of "let out/ vacant/self occupied" but busy to post something

he mentioned the self occupied property also in let out for 12 months ;(

guys...

if u dont want to answer plz dont....

and Mr. U.S. Sharma..plz mind ur language...

first house 78,000 second house 54,000 third house zero


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