house property

Direct Taxation

cause ER > Annual Rent so will GAV be ₹7lac ? Q14

Sushmita Chowdhury

CA Inter

★ 2K+

28-Apr-23 12:07

492

Answers (1)

Best Answer

If Rent received + Unrealised rent is less than Expected Rent then take ER as GAV. And If Rent received + Unrealised rent is Higher then ER then take rent received as GAV. In this question GAV is 7 lac

Jitendra Kumar

CA Final

★ 41K+

28-Apr-23 12:19