Quaries : computation of income from let out house property

Abhishek Kumar (student) (371 Points)

29 December 2013  
X owns house in MUMBAI,which is let out . frm the following particulars compute his income from house property for A.Y.-2013-14. construction completed on 30.11.97 how used - tenant's residence GMV(municipal tax is assessed at 10%)-24000 rent recived-26400 cost of amenities paid by X- electricity charges-2400 Charges for water supply-1700 Repairs(borne by tenant)-2000 he along with his family resides in a rented house in KOLKATA for the purpose of his employement paying a monthly rent of Rs.2200. plz anyone reply.