Tell me what do you mean by fair rent?
Submitted by: Muhammad
Fair rent is the rent charged for a private property that is fixed and registered by a rent officer. Fair rent is decided on the basis of size, condition, and usefulness of the property. Fair rent is calculated in place of mortgage interest, other financing costs and depreciation related to certain property, including land, buildings and non movable equipment. It is calculated only once; at the time the facility begins operation.
Submitted by: Muhammad
Read Online Income Tax Expert Job Interview Questions And Answers
