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Eduncle posted an MCQ
October 14, 2019 • 16:40 pm 0 points
  • UGC NET
  • Commerce

Given is the information related to a house

Given is the information related to a house Municipal Value (M.V.) Rs 1,50,000 Fair Rent Rs 1,80,000 Standard Rent Rs 1,60,000 Actual Rent Rs 20,000 pm Municipal tax paid by owner is 20% of M.V. Unrealised rent Rs 40,000 (conditions of rule 4 satisfied). Which is the annual value of the house ?

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