An assessee lives in his house only six month and after that he goes out owing to changing the place of service. Then he let out his house for the remaining 6 month.
Municiple Valuation of the House is 150000
Fair Rent of the house is 175000
Standered Rent of the house is 180000
Actual Rent received 90000 for six month 15000*6 month
I am confused in this situation that Municipal Valuation, Fair Rent and Standered Rent will also be taken for 6 month like that MV is 75000 and FR 87500 & SR 90000.
Please help me anyone its urgent.