income under house property
This query is : Resolved
AMIT KUMAR ROY
(Querist)
31 March 2008
when i was reading the head 'income under the house property' i could not understand that how will i determine the gross annual value when rent control act applicable.
plese help me and give any short cut to understand the gross annual value
plese help me and give any short cut to understand the gross annual value
31 March 2008
COMPARE MUNICIPAL RENT ,FAIR RENT AND ACTUAL RENT ,NOW WE ARE NOT CONSIDERING STATDARD RENT . HIGHER OF THE 3 SHALL BE THE GROSS ANNUAL VALUE.
CA. Kirti S. Ganatra
(Expert)
31 March 2008
Already answered
31 March 2008
Yes. Mr. Saurabh's answer is satisfactory
CA Praveen Chopra
(Expert)
31 March 2008
Mr.Saurabh is absolutely correct
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