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