COMPUTATION OF TAXABLE INCOME OF HOUSE PROPERTY
Question 4. From the following information of Mr. Sunil, compute the taxable income of house property: Particular Amount (i) Municipal Valuation 3,30,000 (ii) Fair Rent 3,60,000 (iii) Standard Rent under Rent Control Act 3,36,000 (iv) Unrealised rent of previous year 2011-12 (Conditions of Rule 4 satisfied) previous year 2011-12 30,000 (v) Rent realized in year … Read more