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      Question

      Find Gross Annual Value of House property from the

      following information: Municipal Value Rs. 1,10,000 Fair Rent Rs. 1,20,000 Standard Rent Rs. 1,50,000 Actual rent received/receivable Rs. 1,44,000
      A Rs. 1,10,000 Correct Answer Incorrect Answer
      B Rs. 1,44,000 Correct Answer Incorrect Answer
      C Rs. 1,20,000 Correct Answer Incorrect Answer
      D Rs. 1,50,000 Correct Answer Incorrect Answer

      Solution

      The correct answer is B

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