The Annual Value has been defined under of Income Tax Act, 1961.
A) section 20
B) section 22
C) section 23(1)
D) section 23
Correct Answer:
Verified
Q20: Deduction from annual value is allowed under
Q21: ………………..standard deduction from annual value is allowed.
A)10%
B)20%
C)30%
D)15%
Q22: Interest on loan for self-occupied house taken
Q23: Deduction allowed from annual value is .
A)interest
Q24: An individual assesses can show maximum loss
Q26: When the portion of the house is
Q27: If fair rent is not gives, then
Q28: Rent received by original tenant from sub-tenant
Q29: The net annual value of house let
Q30: Rent from House Property let out by
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents