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(B) Selection of Annual Rental Value for Self-Occupled House Property B-1. Only one House under own Occupation. Annual value is taken as ni. B-2. More than one house under own occupation. Annual value of one house is taken as NIL and other house/houses are deemed to be let. B-3. House Property consists of various independent units and one is under own occupation and others are let out. Annual value of one unit is taken as NIL and other unit/units are treated as let oul 3-4. If house property is partly let out and partly sell-occupied, it is to be treated as: (a) if units are inseparable and it is treated as one house then no bencfit of self-ccupation shall be allowed; (b) if units are separable, cach unit or part is to be treated as a separate house and it shall get respective treatment. B-5. House property is let out for part of the year and under own occupation for part of the year. Whole property is treated as let out house property and no benefit of self- occupancy shall be allowed. But actual rent is taken only for number of months house property is actually let out. As such it gets the same treatment as is for unrealised rent. ILLUSTRATION 13 Mr. X owns a house at Chandigarh. This house property is used in following manner 1/3rd of the house is used for own business, 1/3rd of the house is used for own residence, 1/3rd of the house is used by a tenant to whom it is let out @ ? 3.000 p.m. and it was sell-occupied for one month during the previous year. The municipal rental value of the house is ? 96,000 p.a. on which municipality levies 10% tax. These taxes are paid by the occupants. Compute net annual value of the house property for the previous year 2014-15 if each portion is an independent unit