Valuation of residential house under rule 1-BB of the Wealth-tax Rules-Clarification regarding

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..... the Wealth-tax Rules-Clarification regarding Circular No. 355 Dated 28/2/1983 Rule 1-BB of the Wealth-tax Rules, 1957, which has come into effect from 1-4-1979 prescribes the mode of valuing a hou .....

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..... ed or receivable by the owner of the house would ordinarily be the basis for arriving at the gross maintainable rent. Yours faithfully, (Sd.) P. Ranganathan Under Secretary, Central Board of Direct .....

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