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Q. Arrear rent is taxable after deducting…………..as per Section 25B of the Income Tax Act, 1961.

Q. Mr. Ram owns a house property. He lent it to Laxman at ` 10,000 p.m. Laxman sublet it to Mr. Maruti on monthly rent of ` 20,000 p.m. Rental income of Laxman is taxable under the head .

Q. The way of tax liability by taking full advantage provided by the Act is .

Q. Mr. Shushant is the owner of a house, the details of which are given below the gross annual value would be Municipal value ` 36,000 Actual rent ` 32,000 Fair Rent ` 36,000 Standard Rent ` 40,000

Q. Deduction from annual value is allowed under .

Q. …………..comes under agricultural income.

Q. House property held for less than 36 months is .

Q. Expected rent shall be higher of .

Q. If the individual using the property for the business or professional purpose the income taxable under the……………..head.

Q. Rate of depreciation on residential building is……………..