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