25 October 2011
can any one help me to solve this problem Ashok has a house property situated in Delhi which consists of two units. Unit A has 60% floor area, whereas Unit B has 40% floor area. Unit A was self-occupied by Ashok for 8 months and w.e.f. 1-12-2008, it was let out for Rs.12,000 p.m. Unit B was also meant for self occupation but it was also let out w.e.f. 1-10-2008 for Rs. 9,000 p.m. The other particulars of the house property were as under: Rs. Municipal taxes paid 55,000 Insurance premium 8,000 Interest on money borrowed 25,000 which unit should we take for calculation