income from house property

CA Prabhat Kumar Makhija (Portfolio Manager) (152 Points)

04 April 2011  

If municipal value is 8000 p.a of a house property

Its FRV is 10000 p.a.

Actual rent is 8000 for 8 months @ 1000 p.m. and for 4 months it has been self occupied.

What is the Gross annual valve of the house?