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
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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
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