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66. Deduction for other expenses except for an interest in the computation of income from house property is allowable to the extent of __________.
25% of the annual value
10% of the annual value
30% of the annual value
20% of the annual value
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67. The rate of depreciation on the residential building is _________.
10%
20%
25%
5%
68. House property held for less than 36 months is___________.
Short-term capital asset
Projected capital asset
Exempted capital asset
Long-term capital asset
69. 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
36,000
35,000
30,000
40,000
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