Need A Financial Product Forums Tax Savings What is fair rent?

This topic contains 1 reply, has 2 voices, and was last updated by  Nishant Dalal 3 years, 4 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
  • #47442

    What is fair rent?



    Fair rent is the rent that is decided by a rent officer and is fixed. While deciding fair rent, it is made sure that the property for which the fair rent is being defined is useful, good in condition and is fair to the person accommodating in there. It does not depend on the scarcity value. It is called fair rent if the person accommodating gets the same price for the property as defined to a similar property in that area. Therefore it is the fairness of a property on the basis of which the fair rent is decided considering all the taxes that will be levied and included in that property.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...


Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email :

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.