πŸ“Š Business Taxation
Q. Mr. R owns a house. The Municipal value of the house is ` 50,000. He paid `
8,000 as local taxes during the year. He uses this house for his residential
purposes but lets out half of the house @ ` 3,000 p.m. The annual value of
the house is.
  • (A) 15,000
  • (B) ` 16,000
  • (C) ` 17,000
  • (D) ` 18,000
πŸ’¬ Discuss
βœ… Correct Answer: (B) ` 16,000

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