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Explanation:
04X (66 Years), a non-resident owns a house in India which is let out w.e.f. 1-10-
2019. The construction of the house was completed on 1-9-2019. The house is let out at a monthly rent of Rs.50, 000.Rent of one month could not be realized. Other details of the house are as follows.
Municipal valuation: Rs.40, 000 p.m.
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