How to compute reasonable expected rent while computing gross annual value of a property which is let-out throughout the year.?

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..... estions (FAQs) - Income Tax - Manuals - Ans. Reasonable expected rent will be higher of the following: Municipal value of the property (Note 1); or Fair rent of the property (Note 2). .....

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..... ty. Note 2: Meaning of Fair Rent It is the reasonable expected rent which the property can fetch. It can be determined on the basis of rent fetched by a similar property in the same or simil .....

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