Mr. A owns a house which has two flats. One flat is let out for a monthly rent of Rs.
9,500 and other one is used by A for his residential purpose. The fair rental value of
the house is Rs. 95,000 and municipal value is Rs. 1,20,000. A pays Municipal tax
@10% of M.V. of the house. Find out the income from House Property for the
Assessment year 2014-15.
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