HOUSE PROPERTY

Direct Taxation

Sir in this sir assume RER as 12500pm. But Can i also assume RER as 5000pm. Why iam asking this means... because sir in the next sum same like this question, take RER as the value which is lower comparatively

Balaji R

CA Final

★ 20K+

27-Oct-21 13:23

642

Answers (4)

Rs. 5,000 per month is for only 40% But we have to calculate RER for entire 100%

Yoga Vishnu

CA Final

★ 11K+

27-Oct-21 14:40

Yoga Vishnu

Rs. 5,000 per month is for only 40% But we have to calculate RER for entire 100%

Okay sir i understood. But please tell fo this sum can i assume RER as 7000pm or not? Please state reason for the assumption too.

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Thread Starter

Balaji R

CA Final

★ 20K+

27-Oct-21 14:51

Since no information regarding fair rent was given, we can take reasonably expected rent as Rs. 6300 as it is the minimum amount he can collect in that locality

Yoga Vishnu

CA Final

★ 11K+

27-Oct-21 17:33

Thank you sir.

Thread Starter

Balaji R

CA Final

★ 20K+

27-Oct-21 20:25