Question
Mr. Kiran is the owner of three houses, all the houses are self occupied (at Mumbai, Delhi and Bangalore). The details of the house
Mr. Kiran is the owner of three houses, all the houses are self occupied (at Mumbai, Delhi and Bangalore). The details of the house are given below. Particulars Fair rental value Standard rent Municipal value Municipal tax paid Interest due on loan taken Reasonable rent per month House at Mumbai 1,20,000 1,60,000 1,25,000 10% 70,000 ***** House at Delhi 2,00,000 2,60,000 1,25,000 10% 1,80,000 **** House at Bangalore 4,80,000 5,00,000 3,50,000 5% 2,25,000 50,000 Mr. Kiran solicits your advice for computing income from house property for the year 2019.20.Give your advice.
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