income from house property
This query is : Resolved
AMIT KUMAR ROY
(Querist)
31 March 2008
if we consider the rent control act then how will determine the gross annual value.
plese advice?
plese advice?
Sanjeev Kumar Sharma
(Expert)
31 March 2008
hi amit
maximum of rental value as per rent control act will be taken
maximum of rental value as per rent control act will be taken
CA. Kirti S. Ganatra
(Expert)
31 March 2008
Fair Value and Muncipal Valuation cannot be more than rent Control Value. Rent control Value is only to restrict other two value. If Rent Control Value is 100
Muncipal Value 90 and Fair Value is 85 than GAV is 90 coz Rent control is only to restrict
Muncipal Value 90 and Fair Value is 85 than GAV is 90 coz Rent control is only to restrict
31 March 2008
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