India Languages, asked by vijaykumar9467930417, 4 months ago


25. Annual Value of self occupied house will be:
(A) Municipal Valuation
(B) Fair Rental value
(C) Nil
(D) Municipal Valuation or Fair Rental value which ever is higher

Answers

Answered by Manash2243
15

After selecting 'self-occupied', the annual value of the self-occupied house is taken as zero. Interest paid on loan taken for the self-occupied house is an eligible deduction under this head of income.

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