11.
X owns a building consisting of three identical unites, the construction of which was completed on
1.4.2023. The building was occupied from 1.4.2023 onwards. The particulars pertaining to the three
units for the year ended 31.3.2025 are given below:
Particulars Unit I Unit II Unit III
Fair rent 60,000 60,000 60,000
Rent received - 72,000 -
Municipal taxes paid 3,000 5,000 3,000
Municipal taxes due 3,000 5,000 3,000
Land revenue 1,200 1,200 1,200
Ground rent 2,400 2,400 2,400
Nature of occupation Self-occupied for Let out for Used for own
residence residence business
On 1.4.2022, X had borrowed a sum of ₹ 7,50,000 bearing interest at 8% p.a. for construction of this
building. The total cost of construction was ₹ 12,00,000. Calculate Taxable Income from House
Property for AY 2025-2026.
12. Gopal is the owner of three houses in Bangalore, particulars of which for the year ended 31.3.2025
are as follows:
Particulars House I House II House III
Construction started on 01.04.89 01.08.90 01.07.77
Construction completed on 31.12.92 31.01.92 31.12.77
Vacancy/ Unoccupied period - - 3 months
Actual rent received 40,000 9,000 Own residence
Fair rent 45,000 9,000 17,800
Total Municipal tax paid 4,200 900 1,600
Collection charges 500 300 -
Municipal tax paid by tenant 200 100 -
Interest on loan taken for construction 15,000 3,000 16,000
Unrealised rent allowed in the past recovered 20,000
during the year
Gopa resided in Mysore for 3 months during the previous year in connection with his business and
during this period his dwelling house at Bangalore remained vacant. During his stay at Mysore he
paid a rent of ₹ 300 per month. Calculate taxable income from House property.
13. R is the owner of a house property in Delhi. It has been let out for ₹ 12,00,000. The tax payable by
the owner comes to ₹ 10,000 on municipal valuation of ₹ 1,00,000 but R has taken an agreement
from the tenant stating that the tenant would pay tax directly to the municipality. The landlord,
however, bears the following expenses on tenant’s amenities:
Water charges (as per agreement) 2,000
Lift maintenance 1,500
Salary of gardener 1,500
Lighting of stairs 1,000
R claims the following deductions:
Repairs 20,000
Land revenue paid 2,000
Collection charges 4,000
Compute the taxable income from house property.
14. A house was completed on 1.4.2023 and following information is available about this house:
Municipal value of the house 84,000 p.a.
Fair rental value of the house 90,000 p.a.
Actual rent 7,200 p.m.
Municipal taxes paid 15,000
Let out for 1.4.2024 to 30.06.2024 and self occupied from 1.7.2024 onwards:
Fire insurance premium 1,600
Land revenue paid 3,000
Interest on Loan for the period:
a) 1.4.2020 to 31.3.2023 51,000
b) 1.4.2024 to 31.3.2025 17,000
Calculate income from house property for the assessment year 2025-2026.
15. From the particulars given below, compute income from house property:
Date of completion 1.11.1999
Municipal rental value 60,000
Fair rental value 72,000
Self-occupied 2/3 portion
Let-out 1/3 portion from 1.4.2024 to 31.8.2024 @ ₹ 2,500 p.m.
and self occupied from 1.9.2024
Municipal taxes paid 15,000 p.a.
Fire insurance premium 2,000 p.a.
Ground rent 2,000 p.a.
16. R owned two houses. For the assessment year 2025-2026, details relating to the properties are given
below:
Particulars House I House II
Fair rent 35,000 32,000
Rent received 38,000 35,000
Municipal Valuation 36,000 35,000
Municipal taxes paid 4,000 5,000
Repairs 500 700
Insurance 2,000 3,000
Land revenue 2,500 4,000
Ground rent 6,600 8,200
Interest on capital borrowed by mortgaging House I (funds are 14,000
used for construction of House II)
Nature of occupation Let Out Let out for
business
Date of completion May, 1979 April, 1997
Calculate the income from house property of R for the assessment year 2025-2026.
17. X owns three houses which he occupied for his own residence. He submits the following particulars
in respect of these houses for the financial year 2024-2025:
House I House II House III
Municipal Value 1,20,000 2,40,000 3,00,000
Fair rent 1,50,000 2,70,000 2,70,000
Standard rent under rent control Act 90,000 2,04,000 2,40,000
Municipal tax paid 18,000 24,000 30,000
Amount spent on repairs 12,000 30,000 40,000
Interest paid/ payable on loans taken for building the houses
X requests you to compute his total income in manner which minimises his incidence of tax.