|
If Standard Rent is given in problem (i.e When Standard Rent is applicable) |
If Standard Rent is not given in problem (i.e When Standard Rent is not applicable) |
| (A) MARKET VALUE * * * * * | (A) MARKET VALUE * * * * * |
| (B) FAIR RENT * * * * * | (B) FAIR RENT * * * * * |
| (C) HIGHER OF A & B * * * * * | (C) HIGHER OF A & B * * * * * |
| (D) STANDARD RENT * * * * * | |
| (E) LOWER OF C & D * * * * * | |
| (F) (ANNUAL RENT minus * * * * * UNREALISED RENT) | (D) (ANNUAL RENT minus * * * * * UNREALISED RENT) |
| (G) HIGHER OF E & F * * * * * | (E) HIGHER OF C & D * * * * |
| (H) Loss Due to Vacancy * * * * | (F) Loss Due to Vacancy * * * * * |
| GROSS ANNUAL VALUE * * * * * (G minus H) | GROSS ANNUAL VALUE * * * * * (E minus F) |
Regard
Amit Todkari
CAclubindia
