house rent income tax

As per section 11, where the property is held for charitable or religious purpose, income from such property will be

Income from property used by Trade Union or a Local Authority, which is not registered, will be

Annual Value of one self-occupied property taken by an individual assessee will be taken as

Annual Value of one place of an ex-Ruler will be taken as

Which of the following four factors is not relevant for the purpose of determination of Annual Value ?

Annual value of property is

Shyam let out a showroom on first floor wherein, Alex has open store to sell furniture for a rent of Rs.20,000 per month. In addition to the rent, Alex  also pays the maintenance charges of the second floor of the building owned by Shyam amount Rs.10,000 per month. In such a case, income taxable under the head “Income from House Property” in the case of Shyam before any deduction s would be

Cahndru lets out a house to Binte Ali, who has opened a store to sell clothes for a rent of Rs.25,000 per month. The rent also includes rupees 5,000 per month, which represent actual charges paid by chandru on account of water and electricity. The de facto rent in such a case would be

The gross annual value of the house property which is let out for the  whole year, shall be higher of

Fair rent is the rent, which would be fetched by ______ property in ______

Which of the following is true in respect of standard rent

Chandru lets out an owned house to Salman Ali, who has opened a store to sell clothes for a rent of Rs.25,000 per month. The municipal taxes due on the property amounted to Rs.10,000 out os which taxes amounting Rs.5,000 was actually paid by Chandru during the financial year. The deduction for Municipal taxes in such a case would be

Expected Rent is higher of

Municipal taxes, which can be deducted from Gross Annual Value shall be

Net Annual Value of a property is

Maneet lets out an owned house to Amaan ali, for a rent of Rs.25,000 per month. The municipal taxes due on the property amounted to Rs.10,000 out of which taxes amounting Rs.5,000 were actually paid by Maneet during the financial year. He also paid municipal taxes of Rs.15,000 of earlier years during the current previous year. The  deduction for Municipal taxes in such a case would be

Suzan owns a house property in Australia on which she earns a rent of Rs.25,000 per month. The Municipal taxes due on the property amounted to Rs.10,000. The deduction for Municipal taxes paid in foreign country for Indian tax purpose would be

From the following information, calculate the annual value of the property, assuming property was vacant for 2 months in a year. The amount of municipal taxes paid may be taken as Rs.20,000

Standard Rent           2,40,000

Fair Rent                   2,70,000

Municipal value          2,10,000

Actual Rent Received  2,50,000

From the following information calculate the annual value of the property, excess property was vacant for 2 months in a year. The amount of Municipal taxes paid may be taken as Rs.20,000

Standard Rent                2,40,000

Fair Rent                        2,70,000

Municipal value               2,10,000

Actual Rent Received       2,30,000

If the expected rent is less than the actual rent received, in respect of a property which has been vacant for part of the Year, the annual value shall be

Maneet lets out an owned house to Amaan Ali, for a rent of Rs.25,000 per month.. The property remain vacant for a eriod of 3 months in the financial year. If the expected rent on such property  is 2,50,000, the annual value of such property would be

Bhadra lets out an owned house to Amaan Ali, for a rent of Rs.25,000 per month, but the property remain vacant for a period of 3 months in the financial year. If the expected rent on such property is 2,00,000 the annual value of such property would be

Aman lets out an owned house to Saarthak for a rent of Rs.20,000 per month, but Saarthak paid rent only for 9 months, and the remaining amount could not be realised. In such a case what would be the annual value of the property, assuming the expected rent is Rs.1,90,000 ?

aman lets out an owned house to Saarthak for a rent of Rs.20,000  per month, but Saarthak paid rent only of 9 months, and the remaining amount could not realised. In such a case what would be the annual value of the property, assuming the expected rent is Rs. 1,75,000 ?

The standard deduction allowed u/s 24 is

If the Net Annual Value is Rs.1,00,000 the standard deduction allowed u/s 24 is

Deduction for interest on loan in case of self-occupied property is allowed for

The maximum ceiling of deduction, available u/s 24(b) for interest on loan in case of self-occupied property acquired as on 01.04.2018 is

As per section 24(b), what is the maximum deduction allowed for interest on loan (loan worth Rs.20,00,000 taken at an interest rate of 10% p.a) where the amount has been borrowed for the repair of the house property ?

Ali, took a loan of Rs.20,00,000 at an interest rate of 10% p.a.He aid half of the interest due during the current year while the remaining half remained unpaid. The deduction for interest on loan in case of self-occupied property would be