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24 August 2012 good evening sir
my freind from uttarakhand ( kashipur) Income from House Property Calculation COMPUTATION OF INCOME FROM LET OUT HOUSE PROPERTY
Gross Annual Value xxxxxxx
Less: Municipal Taxes xxxxxxx
Net Annual Value xxxxxxx
Less: Deductions under Section 24 -
Statutory Deduction (30% of NAV) xxxxxxx -
Interest on Borrowed Capital xxxxxxx
Income From House Property xxxxxx
My emi is 30000 (25000+5000) plz fill my calculation. because sir i don"t know municiple value and gav plz sir help

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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24 August 2012 Need to mentioned the property nature, whether self occupied or Letout property

for for letout property need to provide the rental income & municipal valuation is must