1(d)(i)

Assesse: Mr. Sarwar Uddin

Particulars Amount (Tk.) Amount (Tk.)

Income from House Property (sec:24)
For Commercial Purpose
Rental Value (9,025*2*12) 215,600
Add: TDS 11,400
For Residential Purpose
Rental Value (9,500*4*12) 456,000
Add: owners expenses paid by teanant 5,000
Actual Rental Value 688,000
Municiple Value 550,000
Annual Value Higher one i.e. Tk. 688,000 688,000
Less: Admissible Expense
Repair and Maintenance expense For
commercial purpose: 30% of annual value 68,100
(227,000*30%)
Repair and Maintenance expense For
Residential purpose: 25% of annual value 114,000
(456,000*25%)
Vacancy Allowance (9,500*2*3) 57,000 (239,100)
Net Income 448,900

1(d)(iii)

Annual Value in such a case is not needed not to be computed and considered as
non-assessable income according to the income Tax Ordiance, 1984.
 1(d)(ii)

Assesse: Mr. Sarwar Uddin

Particulars Amount (Tk.) Amount (Tk.)

Income from House Property (sec:24)
Rental Value
(9,500*6*12)*3/5 410,400
Add: Add: owners expenses paid by teanant 5,000
Actual Rental Value 415,400
Municiple Value 550,000
Annual Value higher one 550,000
Less: Admissible Expense
Repair and Maintenance expense 25% of
Annual Value (555,000*25%) 137,500
Vacancy Allowance (9,500*2*3) 57,000 (194,500)
Net Income 355,500