2. Mr. Pranav owns two house properties. First property was used half for running his business & the other half was let-out at Rs. 40,000 per month. The second property was wholly used as a residence by Mr. Pranav. Municipal value of the two properties was the same at Rs. 7,20,000 each p.a. & municipal taxes paid are 10%. Mr. Pranav's income from HP for AY 2023-24 will be CAL Achieving Excellence Together (a) Rs. 3,13,600 (b) Rs. 3,10,800 (c) Rs. 2,28,560 (d) Rs. 6,32,160