Q:Mun.value-240000
ActualRent-270000
Unrealised Rent-50000
Determine 1.GAV
2.If URR is recovered what will be the taxable amount?
1.gaV -240000
2.???Plz explain in brief
Menu
Ihp-unrealised rent
Replies (1)
here since municipal value is greater than actual rent therefore gav is 240000.
in the future if unrealised rent is recovered it will be added to income from house property after claiming deduction u/s24a b .
Recent Threads
Related Threads
CAclubindia
