What will be the Gross Annual Value (GAV) of a house owned by Ramesh covered by Rent Control Act remained let out during the year 2020-21 of which; (i) Municipal value is ₹ 3,50,000 (ii) Actual (De Facto) Rent is ₹ 3,20,000 (iii) Fair Rent is ₹ 3,00,000, and (iv) Standard Rent is ₹ 3,60,000

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Question:What will be the Gross Annual Value (GAV) of a house owned by Ramesh covered by Rent Control Act remained let out during the year 2020-21 of which; (i) Municipal value is ₹ 3,50,000 (ii) Actual (De Facto) Rent is ₹ 3,20,000 (iii) Fair Rent is ₹ 3,00,000, and (iv) Standard Rent is ₹ 3,60,000

1.₹ 3,60,000

2.₹ 3,20,000

3.₹ 3,50,000

4.₹ 3,00,000

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  1. What will be the Gross Annual Value (GAV) of a house owned by Ramesh covered by Rent Control Act remained let out during the year 2020-21 of which; (i) Municipal value is ₹ 3,50,000 (ii) Actual (De Facto) Rent is ₹ 3,20,000 (iii) Fair Rent is ₹ 3,00,000, and (iv) Standard Rent is ₹ 3,60,000
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