5. Find out the income from property chargeable to tax for the Assessment year 2021-22 in the following
Inity
news
X (Rs.)
1,20,000
1,30,000
1,10,000
1,26,000
10,500
Particulars
Municipal value
Fair rent
Standard rent under the Rent Control Act
Actual rent if property is let out thought the previous year
Unrealised rent of the previous year 2020-21
Period when the property remains vacant (in number of months)
Loss due to vacancy
Municipal taxes
Tax of the year 2020-21
paid by X and Y during 2020-21
Paid by X and Y after March 31, 2021
Paid by tenants during 2020-21
Y (Rs.)
1,20,000
1,30,000
1,10,000
1,26,000
Nil
(Nil)
Nil
10,500
18.000
17,000
1,000
18,000
8,000
1,000
9,000
Answer:
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