PROJECT REPORT BASED ON INCOME FROM SALARY

SUBMITTED TO THE UNIVERSITY OF MADRAS

IN PARTIAL FULFILLMENT FOR THE AWARD DEGREE OF

MASTER OF COMMERCE
SUBMITTED BY
SANJANA. D
REG NO: 532200198

UNDER THE SUPERVISION & GUIDANCE OF

Dr. S. ARUMUGAM, M.Com., M.Phil., M.B.A., NET (com.),

NET(Mgt.), Ph.D.,

ASSOCIATE PROFESSOR
PG DEPARTMENT OF COMMERCE

POSTGRADUATE DEPARTMENT OF COMMERCE

SINDHI COLLEGE

No.146, Poonamallee High Road, Numbal, Chennai-600 077.

2023-2024
 CERTIFICATE

This is to certify that the Project report entitled “INCOME FROM HOUSE
PROPERTY” submitted to the University of Madras for the degree of Master
of Commerce by D.SANJANA (Register No: 532200198) is the Bonafide work
done by his during the period from 2023-2024 under my guidance and
supervision.

HEAD OF THE DEPARTMENT SIGNATURE OF THE GUIDE

Place: Chennai

Date:
 DECLARATION

This is to certify that the Project work entitled PROJECT REPORT BASED
ON INCOME FROM SALARY submitted for the award of the degree of Master
of Commerce, University of madras is the outcome of my personal and original
research work done under the guidance of Dr. S. ARUMUGAM, M.Com.,
M.Phil., M.B.A., NET (com.), NET(Mgt.), Ph.D., and no part of this work had
been submitted for any Degree, Diploma, and fellowship of other academic
courses.

SIGNATURE OF THE CANDIDATE

Place: Chennai

Date:
 ACKNOWLEDGEMENT
First and foremost, I Thank God Almighty for giving me good health and well-
being to carry out this Project Work successfully

I acknowledge my profound gratitude to our principal(I/c) Dr.T. Prahalathan,

M. A (Tamil), M. A (English), M.Phil , B.Ed., D.J., Ph.D., NET, Sindhi College,
Poonamallee High Road, Numbal, Chennai -600 077 for permitting me to carry out my
project work successfully in the right positive direction.

I am extremely grateful to Dr.V. Hemalatha, M.com, M.Phil., Ph.D., SLST,

Head, PG Department of Commerce and my research supervision for providing
effective initiative and valuable suggestions to do and complete this project. Her
advice on both project work as well as on my career has been priceless.

I would like to express my special thanks to my Guide Dr. S. ARUMUGAM,

M.Com., M.Phil., M.B.A., NET (Com.), NET(Mgt.), Ph.D., Associate Professor, PG
Department of Commerce for being a tremendous mentor for my research work. His
advises on each project works as well as on my career have been priceless Grateful for
all the support throughout.

I express my sincere thanks to all the faculty members of PG Department of

Commerce for their guidance which helped me in completing the project successfully.

I owe my thanks to the University of Madras for creating this invaluable

opportunity for the students of PG Department of commerce for having included the
project study in this curriculum.

Finally, I express my thanks to my parents and friends and all my well-wishers

who had extended their support to me toward performing this project study in a
successful manner.

SANJANA. D
 TABLE OF CONTENTS

CHAPTER TITLE PAGE

NUMBER NUMBER

I INTRODUCTION
1-7

COMPUTATION OF
II 8-14
ANNUALVALUE

III SELF OCCUPIED 15-21

HOUSE

LOSS UNDER THE

IV 22
HEAD ‘INCOME
FROM HOUSE
PROPERTY’

COMPUTATION OF
V 23-28
TAXABLE INCOME
FROM HOUSE
PROPERTY

CONCLUTION