Enter Data in Yellow cells only

Calculation of Income/(Loss) from House Property

Statement of particulars of income under heads of income other than “salaries” for deduction of tax at source under Section 192 (2B)
of the Income Tax Act, 1961 for the year ending on 31st March.

- Date of taking Loan (Date format MMM/YYYY)

- Date of Completion of construction of the property / Date of Occupying the property (Date format MMM/YYYY)

a. Income/Loss from house Property Amount (Rs.)

-Self occupied property (Attach bank certificate for point (a) and (b) & provide details as below)
a) Interest for the current year i.e. 2008-09
b) Add: 1/5th of the interest paid prior to the year of completion
TOTAL -

-Let out property (Attach bank certificate for point (a) and (b) & provide details as below)
- Date of taking Loan (Date format MMM/YYYY)
- Date of Completion of construction of the property / Date of Occupying the property (Date format MMM/YYYY)

Rental Income (A)

Less Municipal Taxes (B)
Net Annual value (A-B) -
Less: Standard deduction (30% of Net Annual Value) -
Less: (a) Interest for the current year i.e. 2008-09 -
(b) 1/5th of pre-construction interest paid prior to year of completion -
Total Interest -
Net Income/(Loss) from house property -

TOTAL -