Q:Mun.value-240000
ActualRent-270000
Unrealised Rent-50000
Determine 1.GAV
2.If URR is recovered what will be the taxable amount?
1.gaV -240000
2.???Plz explain in brief
Menu
Ihp-unrealised rent
Replies (1)
here since municipal value is greater than actual rent therefore gav is 240000.
in the future if unrealised rent is recovered it will be added to income from house property after claiming deduction u/s24a b .
Recent Topics :
- Section 54F Exemption
- Would you use a free, open-source alternative to s
- Business & Finance
- Report in GSTR 1 ( Credit Note ) for Wrong GST Rat
- Reply of summons issued under section 70 of the cg
- How to Bulk GSTIN Number Verify and Validation
- OPC Annual Filing Defaults – Need Guidance t
- OPC Annual Filing Defaults – Need Guidance t
- FCGPR of a past period
- Discuss and Download CA Final Question Paper Nov 2
Related Topics :
CAclubindia
