A has two house properties. Both are self-occupied. The annual value of _________
A) Both houses shall be nil
B) One house shall be nil
C) No house shall be nil
D) None of the above
Correct Answer:
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Q10: Leave travel concession is _
A)Exempt up to
Q11: M.has taken a house on rent and
Q12: Municipal valuation of the house is Rs.1,00,000
Q13: A has two house properties. Both are
Q14: Municipal valuation of the house is Rs.1,20,000,
Q16: An assessee has borrowed money for purchase
Q17: Municipal tax is deducted from_
A)Net annual value
B)Gross
Q18: In case the property is owned by
Q19: A house property with fair rent Rs.1,20,000
Q20: Unrealized rent is a deduction from _-
A)Gross
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