Question

Ans. 725,400.
(6.8)
Dr. K. K. Bansal owns a house property in Pune which is let out for 8,000 p.m. Its municipal
valuation and municipal taxes are respectively 3 80,000 and 30%. Dr. Bansal paid municipal
tates of the past four years along with for the current previous year. Other expenses relating
to property is the following:
(1) Repair and insurance premium 7,000;
(ii) Interest for purchase of house * 42,000.
The house was vacant for three months in the
year.
Compute income of house property for the Assessment Year 2020-21.
​

Answer 1

Answer:

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Explanation:

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