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Let-Out Property

Excellent commerce point > Let-Out Property
Income from House Property
13
Jun

Income from House Property Introduction   Question 1.Explain the concept of Municipal Value, Fair Rent and Standard Rent. Quality properties for rent Answer:Municipal ValueIt refers to the value that the Municipal Authorities deems as the value of the property for the purpose of assessment of property taxes. Fair RentIt is the rent fetched by a […]

Posted in: ca intermediate notes ,
Tags: Annual Value , CA Foundation Taxation , cma foundation , Deductions under Section 24 , Direct Tax , House Property Income , Income from House Property , Income Tax , Income Tax Act , Let-Out Property , Property Tax Rules , Rental Income Taxation , Self-Occupied Property , Tax Computation , Tax on Property Income ,