I have received possession of a house in October 2018. Thus I have held the property only for a period of six months. This property was not given on rent and was vacant. I must compute the expected amount of rent that I might have received if the property would have been given on rent. The expected
No. In case of the
property which is considered as deemed let out, the annual value of the
property is to be computed for the entire year and not for the part of the
year. Therefore, the annual value of the property shall be Rs.120,000/-.
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