Following are the information for a house property:Municipal value - R – McqOptions

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1.	Following are the information for a house property:Municipal value - Rs. 4,50,000Fair rental value - Rs. 5,00,000Standard rent - Rs. 4,80,000Actual rent - Rs. 4,20,000What is the gross annual value of the house property?
A.	Rs. 4,80,000
B.	Rs. 5,00,000
C.	Rs. 4,20,000
D.	Rs. 4,50,000
Answer» B. Rs. 5,00,000

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