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house property income
I have a let-out house property at Hadapsar, Pune for which i am receiving a rent of Rs.7,000 pm. While computing income tax over this income, i need Municipal Valuation, Fair Rent, Standard Rent. Can anybody please tell me the source / procedure for obtaining above info. Thanks
Replies (1)
just compare the let out rental value in the proximity and take the average let out value as fmv and compute IHP accordingly
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