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Income Tax - Highlights / Catch Notes

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Annual Letting Value of the selfoccupied property at Ahmedabad - ...

Income Tax

April 13, 2015

Annual Letting Value of the selfoccupied property at Ahmedabad - If the fair rent is less than the standard rent, then, it is the fair rent which shall be taken as annual letting value and not the standard rent. This will apply to both, self acquired properties and general cases where property is let out. - HC

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