Calculate the Gross Annual value from the following details: Municipal – McqOptions

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1.	Calculate the Gross Annual value from the following details: Municipal Value - Rs. 45,000 Fair rental value - Rs. 50,000 Standard rent - Rs. 48,000 Actual Rent - Rs. 42,000
A.	Rs. 50,000
B.	Rs. 48,000
C.	Rs. 45,000
D.	Rs. 42,000
Answer» C. Rs. 45,000

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Calculate the Gross Annual value from the following details: Municipal Value - Rs. 45,000 Fair rental value - Rs. 50,000 Standard rent - Rs. 48,000 Actual Rent - Rs. 42,000