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How to compute reasonable expected rent while computing gross annual value of a property which is let-out throughout the year.?

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....stions (FAQs)<br>Income Tax<br>Ans. Reasonable expected rent will be higher of the following: * Municipal value of the property (Note 1); or * Fair rent of the property (Note 2). If a property is....

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....air Rent It is the reasonable expected rent which the property can fetch. It can be determined on the basis of rent fetched by a similar property in the same or similar locality. Note 3: Meaning of ....

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