A house property with fair rent Rs.1,20,000 is neither let out nor self-occupied throughout the previous year. Its annual value shall be ________
A) Rs.1,20,000
B) Nil
C) Rs.60,000
D) None of the above
Correct Answer:
Verified
Q14: Municipal valuation of the house is Rs.1,20,000,
Q15: A has two house properties. Both are
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
Q20: Unrealized rent is a deduction from _-
A)Gross
Q21: Dhanesh is a member of house building
Q22: Following will be taxable as income from
Q23: Municipal taxes to be deducted from GAV
Q24: Standard deduction under section 24(a) from income
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