01 June 2023
URGENT URGENT URGENT 1)ERV highest of 2 FRV MRV 2)AERV least of 2 ERV SRV 3)ARV Rent received + outstanding rent - in realised rent 4)Highest of AERV ARV selected And 5)Adjusted ARV is ARV - Vacancy lose
Doubt:- *****1)Even after vacancy loss do we need to take Highest of AERV and Adjusted ARV and then it's GAV And 2) in this if we take this condition we should apply ARV = GAV if only due to vacancy and if not GAV = ERV 3)Or else Only after Adjustment of vacancy loss we will have gave 4)Is this proforma right?
01 June 2023
In case standard rent is given, then gross annual value taken cannot exceed standard rent, so standard rent given is to be taken for our calculations but if actual rent received is higher than standard rent, then actual rent will be taken for further calculation. What is the meaning of this sentence?
CAclubindia
