How to compute gross annual value of a property which is let-out throughout the year?

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..... ing. Illustration From the following information provided by Mr. Raja in respect of 3 properties rented out by him compute the gross annual value of all the properties. Particulars Property A (Rs.) Property B (Rs.) Property C (Rs.) Municipal Value 8,48,484 .....

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..... alue. Based on these steps the computation will be as follows Particulars Property A (Rs.) Property B (Rs.) Property C (Rs.) Amount at Step 1 (Note 1) 8,48,484 84,252 8,48,484 Amount at Step 2 (Note 2) 8,00,000 .....

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