Welcome to Monday Corner, an initiative from Tax Publishers…
Monday Corner is specially designed to reward the intellectuals like you:
- We will send a Brainteaser on every Monday through email to your inbox and
- You need to send your answer in revert with reasoning by Wednesday at quiz.taxpub@gmail.com
The most suitable reply will be uploaded on our website (www.taxpublishers.in) in Monday Corner along with the photo/credentials of the winner of the week. If, per chance, winner happens to be more than one, the result will be drawn by lottery.
The winner would receive any one of the following books as free gift...
Quiz for the week (22 Apr 2024) :
Ravi a resident of Delhi owns two let out properties at Chennai and Bengaluru. Compute the income from house property based on the details given below:
Particulars |
Chennai |
Bengaluru |
|
Rs. |
Municipal value |
6,00,000 |
9,00,000 |
Fair rent |
6,60,000 |
9,90,000 |
Standard rent |
5,40,000 |
8,40,000 |
Annual rent |
7,20,000 |
10,80,000 |
Unrealised rent |
1,20,000 |
3,00,000 |
Vacant rent |
60,000 |
90,000 |
Vacant period |
1 Month |
1 Month |
You may assume that unrealised rent has satisfied all applicable legal
Kindly email your answer on or before 26.04.2024