Mathematics · Income from House Property
An assessee received ₹ 60,000 as arrears of rent from house property during the previous year. What is the amount taxable under Section 25A of the Income Tax Act, 1961 (after allowing standard deduction of 30%)?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1₹ 18,000
- 2₹ 40,000
- 3₹ 42,000✓
- 4₹ 60,000
Correct answer
₹ 42,000
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