Question

1.) Mr. Rahul Sundaram has a house property in Bangalore. From the following information relating to
the previous year 2019-20, compute Total Income from House Property.
House
Municipal tax (@ 15% on municipal value)
Fair rent
Rent uls Rent Control Act
Rent received per month
Interest on loan
Loss due to vacancy
Ans. : Income from House Property 1,97,500.
75,000
450,000
74,75,000
340,000
30,000
2 month​

Answer 1

Answer:

From the following information relating to

the previous year 2019-20, compute Total Income from House Property.

House

Municipal tax (@ 15% on municipal value)

Fair rent

Rent uls Rent Control Act

Rent received per month

Interest on loan

Loss due to vacancy

Ans. : Income from House Property 1,97,500.

75,000

450,000

74,75,000