Accountancy, asked by srinivasanannai, 6 hours ago

Mr. D owns a house at vijay nagar and submits the following particulars rent recieved 175000 standard rend 160000 municipal valuation 170000 fair rental value 172000 municipal taxes 12% of MRV+2% of municipal taxes as Sanitation surcharge. compute the net annual value.

Answers

Answered by tharunpraneshs0707
2

Explanation:

Q. No. 6

Mr. D owns a house at Vijay Nagar and submits the following particulars :

3 ₹

Rent Received

1,75,000

Standard Rent

1,60,000

Municipal Valuation

1,70,000

Fair Rental Value

1,72,000

Municipal Taxes

12% of MRV + 2% of Municipal taxes as Sanitation Surcharge

Compute the net annual value

[Hints : Net Annual Value 1,54,192]

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