Question

64. In respect of which of the following
houses owned by Mr. X, the de facto rent
is the determinant of the Gross Annual
Value (GAV)?
Houses Municipal Fair Standard De facto
Value Rent Rent Rent
(Rs.) (Rs.) (Rs.) (Rs.)
i. House - A 30,000 36,000 30,000 40,000
ii. House - B 26,000 28,000 35,000 30,000
iii. House - C 35,000 30,000 36,000 32,000
iv. House - D 30,000 36,000 40,000 32,000
Codes :
(A) (i) and (ii)
(B) (i) and (iii)
(C) (iii) and (iv)
(D) (i) and (iv)​

Answer 1

Explanation:

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