Economy, asked by rits97927, 6 months ago

5. Net Income from Property, if any
Amount
​

Answers

Answered by rohit208981
2

Answer:

The Annual Value is determined after taking 4 factors into consideration. These are: (i) Actual rent received or receivable (ii) Municipal Value (iii) Fair Rent (iv) Standard rent. Net Annual Value is calculated as gross annual value less municipal taxes paid.

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