MCQOPTIONS
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| 1. |
The annual value of a house property is Rs:1,40,000. Mr. X and Mr. Y are equal co- owners of the house. X s income from house property shall be: |
| A. | Rs: 70,000 |
| B. | Rs: 1,40,000 |
| C. | Rs: 49,000 |
| D. | Zero |
| Answer» D. Zero | |