176 results for “house property”+ Section 56(2)(iii)clear
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iii) will work out to Rs. 2,96,947/- and the same is hereby confirmed. 13. For Assessment Year 2016-17, we notice that the ld. Assessing Officer has calculated the sum @ 0.5% of the average investment at Rs.10.23 Crores, whereas the actual average value of investment is Rs. 4,41,09,065/- and, therefore, the correct amount of disallowance