House-owned by Suresh was sold on 1st January, 2021 and till the date of sale, the house was on rent of ₹ 7,000 p.m. The other relevant details of this house are (municipal value ₹ 72,000 p.a. (fair rent ₹ 66,000 p.a. and standard rent ₹ 60,000 p.a. The income chargeable under the head House Property in A.Y. 2021-22 of this house shall be:
A. ₹ 63,000
B. ₹ 50,400
C. ₹ 46,200
D. ₹ 44,100
Answer:D
House-owned by Suresh was sold on 1st January, 2021 and till the date of sale, the house was on rent of ₹ 7,000 p.m. The other relevant details of this house are (municipal value ₹ 72,000 p.a. (fair rent ₹ 66,000 p.a. and standard rent ₹ 60,000 p.a. The income chargeable under the head House Property in A.Y. 2021-22 of this house shall be:
A. ₹ 63,000 B. ₹ 50,400 C. ₹ 46,200 D. ₹ 44,100