Accountancy, asked by gshubham870, 6 months ago

notional rent is taken in

Answers

Answered by karthik4086

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 krishna210398

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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