House Prop doubts

FRV              Rs.1200 p.m

AR                Rs. 1000 p.m

Period of Vacancy         5 months

Unrealised Rent           2 months

Compute GAV.

Replies (7)

one more ques

 

FRV                 1200 p.m

AR                    1000 p.m

Period of Vacancy     5 months.

 

Compute GAV.

For both the Ques : GAV 14,400 [23 (1)(a)]
Ans1 ER Rs. 14,400 AR Rs. 7,000-2,000=5,000 GAV Rs. 14,400
Ans2 ER Rs. 14,400 AR Rs. 7,000 GAV Rs. 14,400
In both the cases section 23(1)(a) applies

den what would be the answer to this ques?

 

FRV   1000 p.m

AR      1200 p.m

Period of vacancy   5 months.

GAV Rs. 8,400 [23(1)(c)]

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