Municipal taxes to be deducted from GAV should be _______
A) Paid by the tenant during the previous year
B) Paid by the owner during the previous year
C) Accrued during the previous year
D) Accrued or paid by owner whichever is lower
Correct Answer:
Verified
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
Q19: A house property with fair rent Rs.1,20,000
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
Q24: Standard deduction under section 24(a) from income
Q25: Interest on borrowed capital accrued up to
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