Mr. Don has the following let out buildings. Determine the income from house property. Particulars Municipal...
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Mr. Don has the following let out buildings. Determine the income from house property. Particulars Municipal value Fair rental value Standard rent Actual rent Municipal tax paid Interest on loan for bldg construction Building Building 2 Building 3 Building 4 Building 5 1 50,000 50,000 60,000 70,000 50,000 60,000 70,000 80,000 2,000 2,000 5,000 6,000 50,000 40,000 40,000 30,000 2,000 7,000 40,000 70,000 60,000 1,00,000 70,000 80,000 50,000 90,000 1,000 3,000 2,000 1,00,000 Mr. Don has the following let out buildings. Determine the income from house property. Particulars Municipal value Fair rental value Standard rent Actual rent Municipal tax paid Interest on loan for bldg construction Building Building 2 Building 3 Building 4 Building 5 1 50,000 50,000 60,000 70,000 50,000 60,000 70,000 80,000 2,000 2,000 5,000 6,000 50,000 40,000 40,000 30,000 2,000 7,000 40,000 70,000 60,000 1,00,000 70,000 80,000 50,000 90,000 1,000 3,000 2,000 1,00,000
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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