Income-tax and Corporate Tax Planning Property Tax

Calculate the Gross Annual Value from the following details:

Municipal value: Rs. 45,000

Fair Rental value: Rs. 50,000

Standard Rental value: Rs. 48,000

Actual Rental value: Rs. 42,000 

1
Rs. 50,000
2
Rs. 48,000
3
Rs. 45,000
4
Rs. 42,000

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