1)In determining annual value the following factor should be taken into consideration , except---
a) Actual rent rev b)Fair rent of the property c)Deposit recv from tenants d) standard rent
2)Provision of section 44AD shall not apply in the follwing cases---
a) where gross recipts exceed 60 lak
b)where assessee claims that the profit and gains form the business are less than8% of gross receipts
c)Either gross recipts exceed 60 lac or assessee claims that the profit and gains form the business are less than8% of gross receipts
d)Both gross recipts exceed 60lac or assessee claims that the profit and gains form the business are less than8% of gross receipts
CAclubindia
