Mr. Raghav owns a house in Pune. Half Portion of the house is let out for residential purpose on monthly rent of ₹ 9,000. However, this portion remained vacant for 3 months. ’A portion is used by him for his business while remaining lA portions is used for his own residence. Municipal taxes paid were ₹ 10,000. Interest on loan for repair of house is ₹ 40,000. What is the income from house property
A. ₹ 25,900
B. ₹ 24,200
C. ₹ 23,200
D. ₹ 23,400
Answer:C
Mr. Raghav owns a house in Pune. Half Portion of the house is let out for residential purpose on monthly rent of ₹ 9,000. However, this portion remained vacant for 3 months. ’A portion is used by him for his business while remaining lA portions is used for his own residence. Municipal taxes paid were ₹ 10,000. Interest on loan for repair of house is ₹ 40,000. What is the income from house property
A. ₹ 25,900 B. ₹ 24,200 C. ₹ 23,200 D. ₹ 23,400