notional rent is taken in
Answers
Answered by
8
Answer:
I think u understand my answer
Explanation:
notional rent is the rent which u are presumed to earn from a residential property even if u dont happen to actually earn any rent this rent is taxable as per the income tax
Answered by
0
Answer:
notional rent is taken in leaving homes vacant
Explanation:
Notional rent is the rent which you are assumed to have earned below the earnings Tax Act, 1961 even if you do not sincerely earn any rent on a belongings. the supply become delivered to discourage taxpayers from leaving homes vacant and create deliver of houses for tenants
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