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OR b) Compute Income from house property of Rahim from the following information MRV: 5,00,000 FRV: 6,00,000 SRV: 7,00,000 ARV: 8,00.000 Vacancy 1 month Unrevised
OR b) Compute Income from house property of Rahim from the following information MRV: 5,00,000 FRV: 6,00,000 SRV: 7,00,000 ARV: 8,00.000 Vacancy 1 month Unrevised Rent 1 month. Local Taxes @10%. Interest as loan paid during the previous year Rs. 40,000 pre construction interest Rs. 2,00.000 (Date of Construction 1.12.2014) Contd2
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