Municipal Value 40 40

Fair Rent 46 46

Standard Rent NA. 45

Expected Rent 46 45

Municipal Value 105 105

Fair Rent 107 107

Standard Rent N.A 88

Actual Rent 103 112

Unrealised Rent (Conditions satisfied) 1 2

Period during which the property remains vacant Nil Nil

step-1 Expected Rent 107 88

Step-2 actual Rent 102 110

Gross annual Value 107 110

Municipal Value 120833.3

Fair Rent 113333.3 120833
Stt Rent 103333 103333.3 103333

Expected Rent 103333.3 103333

Actual Rent
8,000*7.5+ 14000*2.5 95000 95000

Annual Value 103333.3 103333

Municipal Value 60
Fair Rent 68
Standard Rent 62 62
Annual Rent 67
Unrealised Rent 2 65 65
Loss Due to Vacancy 1 64

GAV
 40 40 40

46 48 51

35 45 63

35 45 51

105 105 105

107 107 107

88 135 135

86 114 97

1 2 1

Nil Nil Nil

88 107 107
85 112 96

88 112 107
 — I- Let-Out House, neither vacant nor there is un
I II
MV 100000 100000
Fair Rent 120000 120000
SR 90000 140000
Actual Rent 132000 96000
MT 10% of MV Paid by owner Paid by tenant

Exp. Rent 90000 120000

Actual Rent 132000 96000

GAV 132000 120000

MT 10000 nil
NAV 122000 120000

— II- Let-Out House, which remains vacant for w

Question
Exp Rent 100000 Exp Rent 100000 Exp Rent
House Let -0ut @ 10000 p.m Actual Ren 110000 House Let -0ut @ 1000
House tax paid by owner Rs/. 9000 Exp Rent 110000 House tax paid by own
(which is 10% of MV) Actual Ren 9000 (which is 10% of MV)
House vacant-1 Month NVA 101000 House vacant-3 Month

— III- Let-Out House, which does not remain vac

GAV as in case I
Deduct MV
Unrealised Rent

Municipal Value 150000 Expected Rent 160000

Fair Rent 180000 Actual Rent 240000
Std Rent 160000
Actual Rent 20000 p.m GAV 240000
Municipal Taxes paid by owner- 20% of MV MT 30000
Unrealised rent-Rs. 40,000. Conditions of rule 4 are satisfied Unr. Rent 40000 70000
170000

— IV- Let-Out House, which remains vacant duri

Municipal Value 200000
Fair Rent 180000
Std Rent 250000
Actual Rent 30000 p.m
Unrealised Rent- Rs. 30000
MT- 15000 paid by owner and 15000 paid by tenant
Vacancy-2 Months
there is unrealised rent-

cant for whole or any part of the previous year

Exp Rent 100000
House Let -0ut @ 10000 p.m Actual Ren 90000
House tax paid by owner Rs/. 9000 Exp Rent 100000
(which is 10% of MV) Actual Ren 90000
House vacant-3 Month 90000
9000
81000

emain vacant during part of the previous year but there i

acant during a part of the previous year and there is unre

 year

year but there is unrealised rent

nd there is unrealised rent

 Pre Construction period starts from the date of loan taken upto the end o
financial year just preceding the year in which the construction of house pro
has been completed or date of repayment of loan, whichever is earlier.
Date of Loan Taken
A 1-Mar-16
15-16 1
16-17 12
13 Months

B 31st Jan 2017

Example-2 1.6.2013 30.9-2016

2013-14 10
14-15 12
15-16 12
16-17 6
40 months

45,000*15/100*40months

Rs. 22,500

GAV
MV 102000
FR 108000 108000
SR 102000
Exp. 102000
Act Rent 108000 108000

Gross annual Value 108000

Municipal Taxes 17340
NAV 90660
Deduction
STd Ded@30% 27198 27198
Intesrest on Loan
PY 50000
Pre. Cons- 40000 90000
-26,538

1.7.2016 Let-Out
2016-17 9 SO
2017-18 12
21 months
280000/5 160000
56000 56000
216000 200000

SO
PY
1600000*12% 192000

1.7-2012 to-31-3-2014 105000/5 21000

Interest 213000
Allowed 200000
of loan taken upto the end of
e construction of house property
loan, whichever is earlier.)
Date of Completion of Construction
31-Mar-18
2017-2018

13 Months

1st April 2019

FR Let-Out Self-Occupied
MV 75000 75000
Rent 90000
Gross Annual Value 90000 NIL
Municipal Taxes 15000 NIL
Annual Value 75000 NIL

A
10000
MV 80000
FR 120000
SR 100000
Exp. Rent 100000
Actual Rent 80000

GAV 100000
Mun. Taxes 10000
NAV 90000

SO
NAV NIL
Loan 200000
Loss from House First ( SO) -200000

2nd House GAV 12000

Municial Taxes 1200
NAV 10800
Std @ 30% of NAV 3240
Loan 6000 9240
Income From Second House 1560

Net Loss- 198440

B
15000
80000
120000
100000
100000
120000

120000
10000
110000