Q. Municipal valuation of the house is Rs.1,20,000, fair rent 1,40,000, standard rent Rs.1,30,000 andactual rent received or receivable is Rs.1,25, 000.The gross annual value in this case shall be ______ (Solved)
1. 1,30,000
2. 1,25,000
3. 1,40,000
4. 1,60,000
- c. 1,40,000