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7. _ Mr. Vidyadhar is the owner of three house properties in Baroda, the particulars of which are gv under : I u m1 va House House House” House z z z z a) Actual Rent Received 40,000 Dwelling «19,000 Dwelling house house b) Fair rent 40,000 52,000 19,650 5,000 ©) Total municipal tax 3,000 5,000 2,250 250 4) Municipal tax paid by tenant 1,500 7 - J ©) Vacancy = 3 months = 9 months 1) Collection charges 1,000 - 150 3 2) Insurance premium 400 750 740 2,000 h) Interest on loan for house 1,90,000 1,19,000 1,500 18,630 Income from other sources € 5,00,000 Compute Income from House Property for the Assessment Year 2023-24 assuming, a) that the loan taken and aquisition of dwelling house was prior to Ist April, 1999. b) that the Joan taken and aquisition of dwelling house was on Ist April, 2000.

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