actual rental value means
a): rent received from tenant
b) rent received from assessee
c) rent received from person
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Answer:
c rent received from person
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HELLO DEAR,
ANSWER:
c) rent received from person
It is the fair market value of property while rented out in a lease. Actual rent means the rent for which the property is let out during the year.While computing actual rent rent pertaining to vecancy period is not to be deducted.
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