New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    In respect of income from house property, the collection

    charges are allowed up to a maximum of:
    A the actual expenditure incurred Correct Answer Incorrect Answer
    B 6% of the annual value Correct Answer Incorrect Answer
    C Nil Correct Answer Incorrect Answer
    D 8% of annual value Correct Answer Incorrect Answer

    Solution

    In respect of income from house property, the collection charges are not allowed

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