Question

Insurance premium
L800
12,000
Compute his income from house property for the Assessment Year 2017-2018 ( 23/4)
Q3. Mr.X the owner of the two houses both of which was let out to a tenant The following particulars are available in
respect of these houses for the year 2016-2017
Particular
House-
House
Construction completed on
31.12.1995
30.6.1996
House used for
Tenant's residence Tenant's business
Municipal Value
0 20.000
2.000
Municipal Tax
0 2.000
13.200
Rent received
0 22.000
$ 30,000
Fair rent
0 19.200
O 31.200
Land revenue
0 2.500
1.100
Insurance premium
2.000
3.200
Vacancy period
I month
Compute his income from house property for the Assament Year 2017.2018 730,160)
Q.2, Mr.Xiaio a loan of 40,000 @ 15 pa. for constructing a bouse on 01.06.2010. Construction of the house wa
completed on 20.01.2017. The date of repayment of loan is: -
(2) January 16, 2018 (2900) (b) June 30, 2017(1500) (c) October 31, 2013 (4160)​

Answer 1

Answer:

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