Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Income Tax Heads of Income Income from House Property
Sequence the steps for computing gross annual value of income from house property:
(A) Find out the rent actually received or receivable after excluding unrealised rent before deducting loss due to vacancy.
(B) Find out the loss because of vacancy.
(C) Find out the reasonable expected rent of the property.
(D) Find out which one is the higher amount computed in (C) or (A).
(E) (D) - (B) is gross annual value
Choose the correct answer from the options given below:
1
(C), (A), (D), (B), (E)
2
(A), (D), (C), (B), (E)
3
(D), (A), (C), (B), (E)
4
(A), (B), (C), (D), (E)