TAX INDIA

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URGENT URGENT urgent

1)ERV highest of 2

FRV MRV

2)AERV least of 2

ERV SRV

3)ARV

Rent received + outstanding rent - un realised rent

4)Highest of AERV ARV selected And

5)Adjusted ARV is ARV - Vacancy losses

Doubt:- *****

1)Even after vacancy loss do we need to take Highest of AERV and Adjusted ARV and then it's GAV And

2) in this if we take this condition we should apply ARV = GAV if only

due to vacancy and if not GAV = ERV

3)Or else Only after Adjustment of vacancy loss we will have gave

4)Is this profoma right?

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