| Originally posted by : Dhananjay Biyala | ||
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case 1:a let out property has remained vacant for 2-3 months during the year. Will it be considered as deemed to be let out for the vacant period for the purpose of calculating G.A.V.?Case 2: A let out property, but in this year, it has remained vacant for the entire year.Will it be considered as deemed to be let out for the vacant period for the purpose of calculating G.A.V.? |  |
Case-1 Where let out property is vacant for part of the year and owing to vacancy, the actual rent is lower than the Expected Rent than the actual rent received or receivable will be the GAV of the property.
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