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
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