Question

    Find Gross Annual Value of House property from the

    following information: Municipal Value Rs. 1,10,000 Fair Rent Rs. 1,20,000 Standard Rent Rs. 1,50,000 Actual rent received/receivable Rs. 1,44,000
    A Rs. 1,10,000 Correct Answer Incorrect Answer
    B Rs. 1,44,000 Correct Answer Incorrect Answer
    C Rs. 1,20,000 Correct Answer Incorrect Answer
    D Rs. 1,50,000 Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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