alleryStart learning →Fair rent Rs 2,40,000; vacant two months; rent received Rs 2,00,000. Annual value?
ARs 2,00,000
BRs 2,20,000
CRs 2,40,000
DRs 1,68,000
Answer & Solution
Correct answer: A. Rs 2,00,000
Two months of vacancy cut the rent received to Rs 2,00,000, which is below the fair rent, so that lower amount is the annual value.
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