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Let-out house: net annual value Rs 6,00,000, no loan. Income from house property?

ARs 6,00,000
BRs 4,20,000
CRs 1,80,000
DRs 4,00,000
Answer & Solution
Correct answer: B. Rs 4,20,000
Thirty per cent of 6,00,000 is 1,80,000, so the income is Rs 4,20,000.
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