1.
Ms Chiku owns a house property the particulars of which are as given below -
Fair rent - Rs. 2,00,000
Municipal Value - Rs. 1,90,000
Standard Rent- Rs. 1,75,000
Actual Rent received- Rs. 16,000 per month
Municipal Taxes paid - Rs. 69,000, which includes arrear taxes for the previous year 2016-17 and 2017-1
amounting to Rs. 33,000.
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