Business Studies, asked by Shankarram6789, 3 months ago

2. Mr Mukherjee is the owner of 3 houses. Following are the particulars of these houses for the
P.Y2019-2020
Houser2
House1
House 3
Particulars
Used for
Owner's
residence
2,40,000
Municipal Value (Rs.)
Rent received (Rs.)
Municipal tax paid by the owner (Rs.)
Repair charges paid by the owner(Rs.)
Insurance premium paid (Rs.)
Interest on loan taken----
O) for construction of the house (Rs.)
(il) for relative's marriage
Tenant's
business
3,00,000
3,60,000
30,000
40,000
3000
Tenant's
residence
2,00,000
2,40,000
20,000
30,000
2000
24,000
20,000
2500
30,000
15,000
Compute income from house property of Mr Mukherjee for the assessment year 2020-2021.​

Answers

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1

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