83. Computation of House Property Income | Municipal Value, Fair Rent, Standard Rent & Annual Rent

Computation of House Property Income | Municipal Value, Fair Rent, Standard Rent & Annual Rent
00:00 - Introduction
08:26 - Computation of Income from House Property
10:00 - What are Municipal Taxes?
38:02 - What is Gross Annual Value?
41:36 - What is the Rent Control Act?
45:20 - What are Municipal Value, Fair Rent, and standard Rent
46:00 - What is Annual Rent?
54:27 - Calculation of Income from House Property
01:19:22 - Expenses allowed to be deducted from Annual Rent
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Your Query -
how to compute income from house property
how property tax is calculated
what is municipal taxes?
what is gross annual value?
what is rent control act?
what is municipal value, fair rent, & standard rent
what is annual rent?
calculation of income from house property
computation of house property income
house property income
income from house property
self occupied property
let out property
deductions in house property income
fair rental value
gross annual value
calculation of income from house property
rent control act
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#carajkagrawal #incomefromhouseproperty #incomefromothersources #rentalproperty #incometaxact1961 #taxationinindia #caintertaxation #cainterdirecttax #cmainterdt #houseproperty

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[@shadow-dz4de]

mv- 90000, fr- 99000, sr-94500, ar-84000

[@soniashaw2446]

Aapke jaise mahan kuch insaano k wjh s h insaniyat bachi hue h warna Aaj k zamane m bina monetary fayde k koi kuch nhi krta kisi k liye dil s thnk u sir bhagwan aapko bht lambi umar de ur hmesa khush rakhe taki aap logo ki hlp kr sko 🤞🙏

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[@ritikjaiswal107]

Perfectly explained sir 👌🏻👍🏻

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Thanks

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Thank you sir ❤️ Enjoyed throught the class 🙌❤️ Was awesome as always :⁠-⁠)

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[@rajeswarig4091]

listened many classes on this topic but never heard this logic till now thank you sir for quality conceptual clarity

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[@aditisrivastava8533]

1:25:45 example 3 MV-250000 FR-300000 SR-280000 AR-232000

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Thankyou for your valuable time and efforts ✨🧡

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[@vandanakesari8898]

Sir you teach so well. My two examples were correct. Thank you sir for such efforts. You are great. ❤

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[@vajinderkashyap1124]

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I appreciate your kind words, and I'm glad to hear that you find the content valuable. Don't be too hard on yourself about the past choices - sometimes, the journey takes unexpected turns, and what matters most is your commitment to learning and improving. I'm here to help you in your studies. Best of luck with your studies, and keep up the hard work!

[@lucknowrailerjalaj3065]

1:09:51 EX 2 MV 96000 FR 108000 SR 102000 AR 110000 This time Got it sir I have done right 👍😊😊

[@pramila7693]

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[@parasmittal8653]

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[@parasmittal8653]

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[@prateek.aditya]

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[@parasmittal8653]

@@prateek.aditya from study mat and sir's book

[@vasuu_dhakad_]

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[@priyanshuguptakartavyabatc2334]

1:08:40 example 2 {MV :- 8000×24= 1,92,000 FR :- 9000×24= 2,16,000 SR:- 8,500×24=2,04,000} ER= 6,12,000 AR:- 10,000×14:- 1,40,000

[@ankitjha2]

1:24:48 Exp. 3: MV = 25,000*10= 2,50,000 FR = 30,000*10= 3,00,000 SR = 28,000*10= 2,80,000 AR =[30,000 - (1,000)] 29,000*8 = 2,32,000

[@nripendraku]

Thankyou so much sir my answer of exp.3 is absolutely correct sir

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[@VishalShrimal-xe6hd]

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[@tanyasingh2955]

58:28 90k MV,99K FR,SR94500, AND ANNUAL 84K

[@saniakhan1785]

Yes sir this the value

[@kumkumsharma3694]

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[@hardipsinghvilkhu3214]

Answer was correct sir 😊 All thanks to you sir❤❤❤❤

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Welcome

[@praveenmp1289]

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[@aditisrivastava8533]

1:08:39 example 2 mv-96000 FR-108000 SR-102000 Rent - 110000

[@user-bg3lc1gn3m]

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[@_KARAN_2010]

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Bahut achha hai.

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[@utkarshraj7880]

Thanks sir ❤

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[@priyanshuguptakartavyabatc2334]

1:24:52 Example 3 MV :- 25,000×12pm:- FR:- 30,000×12pm:- SR:- 28,000× 12pm:- 3,00,00-12,000(1,000×12) :- 2,88,000 AR:-30,000×10 p.m:- 3,00,000

[@akshatangrish2018]

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[@sarthakg577]

Eg:3 Sol: MV-2.5L, FR-3L ,SR-2.8L & AR-2,32,000

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Thank you sir

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Welcome!

[@nripendraku]

Inventory चैप्टर आपसे मैने CA foundation classes में पढ़ा था जिसको मैं आज तक नहीं भुला हूं and that is absolutely too good भी कहना कम ही होगा

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Thank you sir 🙏🙏🙏

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[@sushilyadav8028]

Good evening sir ji 😌 Jay shree Krishna 🙏 Radhey radhey 🙏 sir ji

[@priyanshuguptakartavyabatc2334]

58:45 example 1. MV = 10,000 × 11 months= 1,10,000 FR= 11000× 11 months = 1,21,000 SR= 10,500× 11 months= 1,15,500 AR= 12000× 10 MONTHS= 1,20,000

[@zoyamehboob6142]

Example 3 correct✔️

[@pavank5497]

Got the answer of last eg also right .. ❤❤🎉

[@StudyAtHome]

Good!

[@akashhazarika1922]

1:24:46 (EG3)MV=125000 FR=150000 SR=140000 AR=90000

[@lucknowrailerjalaj3065]

1:24:46 MV 250000 SR 280000 FR 300000 Ar 232000 Ex 3

[@akashkamath77]

Sir, What will be the actual rent(AR) in case of advance rent. Should we consider the actual rent received or rent receivable during the p.y

[@user-dz1nd3ku8w]

Ex-2 MV- 96K, FR-108K, SR- 102K , AR- 110K

[@vishalgoel5951]

Nice

[@StudyAtHome]

Thanks

[@debashisganguly6680]

Sir, Mera:- Example 1 sahi tha Example 2 galat hua AR ka Example 3 sahi tha 😊 Acha class tha ❤ Thank you for your support and efforts for us ❤

[@StudyAtHome]

Great job👍

[@Muslim-or1bz]

Sir my answer was correct

[@StudyAtHome]

Good!

[@HelloEveryone-]

Sir, section 23 does not allow for deduction of electricity expenses or society maintenance charges.

[@ashwani9523]

1st example m sir MV 10000*9 Fv 11000 k bjaye 10000 likh diya h bhul Se 10500( b 10000)

[@simranyadav1412]

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Glad to hear that! All the best 😊🙌

[@ankitjha2]

1:08:43 Exp. No. 2 : MV = 8,000*12= 96,000 FR = 9,000*12= 1,08,000 SR = 8,500*12= 1,02,000 AR = 10,000*11 = 1,10,000

[@ankitjha2]

✅

[@bharathramc.n7796]

Q3 MV 25000*8 SR 28000*8 FR 30000*8 Actual Rent (30000-1000)29000*6

[@chandrapalsingh2719]

Good morning Sir 🙏

[@StudyAtHome]

Good Morning! 😊

[@user-ss5bn9sd7n]

e.g 2 mv=96000 fr=108000 sr=102000 ar-110000

[@Muslim-or1bz]

Again my answer is correct

[@StudyAtHome]

Good!

[@rimuru_tempest552]

example 2:- MV-96000 FR-108000 SR-102000 AR-110000

[@Ashishkr2100]

example 2 my answer is correct

[@sanket06]

Ex.2 All correct

[@StudyAtHome]

Good

[@nripendraku]

❤❤ Good morning sir ❤❤

[@StudyAtHome]

Good Morning! ☀️

[@akashhazarika1922]

58:23 mv=90000 FR=99000 SR=94500 AR=84000

[@kondamuriLakshmi]

58:28 MV 90k FR 99k SR 94.5k AR 84k

[@nripendraku]

Exp.3. property held in PY 2023-24=10 month Property self accupied= 2 month MV=25,000x10=2,50,000 FR= 30,000x10=3,00,000 SR=28,000x10=2,80,000 AR= 30,000x8 - 1000x8=2,32,000

[@kanchanjadhav1362]

Time stamp: 59.00. Hi sir Apne EX.1) me all values ke liye MV ki hi value li hai ₹10,000

[@StudyAtHome]

It has been wrongly taken. Objective was to explain the months.

[@user-dz1nd3ku8w]

MV - 90K , FR-99K , SR , 94.5K , AR- 108K

[@aakashkumar6857]

in example 1 FR OR SR IS 10000 IN SOLUTION ?

[@vivekdubey3526]

Sir in example 2 I think we have to divide all expenses in time ratio because house was s/o for one month so nav will be nil then we have to compare

[@StudyAtHome]

Kindly mention time stamp.

[@Yunus00933]

Kaash sir pehle mile hote to coaching ki fees bach jati😅 Sir yours lectures are amazing

[@StudyAtHome]

I'm glad you're enjoying the lectures! Don't worry about the coaching fees, I'm here to help you learn for free. Keep watching and learning!

[@rohitbhakat4787]

Example 2- MV 96,000 FR 1,08,000 SR 1,02,000 AR 1,10,000

[@Student_._.]

59:00 mv= 90,000, fr= 99,000, sr= 94500, ar= 84000

[@parasmittal8653]

Mv = 90000 Fr = 99000 Sr = 94500 Ar = 84000

[@ankitjha2]

59:13 MV= 10,000*9 = ₹ 90,000 FR= 11,000*9 = ₹ 99,000 SR= 10,500*9 = ₹ 94,500 AR= 12,000*7 = ₹ 84,000

[@ankitjha2]

Sir answer to galat hua mera but why you took 10,000 in each type of rent ...?

[@StudyAtHome]

It has been wrongly taken 10,000 everywhere. The purpose here was to explain the number of months.

[@ankitjha2]

@@StudyAtHome Ok sir got it :⁠-⁠)

[@akularaviteja7825]

Ans. for example 3 MV=25000×10m=250000 FR=30000×10m=300000 SR=28000×10m=280000 AR=(30000-1000)×8m=232000 1:25:08

[@parasmittal8653]

Example 2: Mv - 96000 Fr - 108000 Sr - 102000 Ar - 110000

[@Tanay352]

sir ek doubt hai, 1:00:50 MV, FR, SR, RENT sub 10000 p.m kaisae? 10000, 11000,10500,12000 hona chahiyae tha na?

[@itsme-sneha]

Example 2 .. Mv 8k×12 sr 8k×12 fr 8500×12 ar 11×10k

[@ankita6817]

58:38 ans 90000,99000,94500,84000

[@deeptishaw7548]

1:00:42 MV FR SR sab 90000 kaise a raha hai

[@user-cu7yh2wn8m]

mv= 10000*9month=90000,FR=11000*9=99000,SR 10500*9=94500,AR=12000*7=84000

[@TOM5829H]

EG 2 MV=96000 FR=108000 SR=102000 ER=102000 AR=110000 GAV=110000

[@SahilKumar.05]

Best explaination everytime by sir

[@StudyAtHome]

Thank you!

[@nripendraku]

Example 2. Property held in PY 2023-24=12 month Property self accupied for 1 month i.e. July 2023 MV=8,000x12=96,000 FR= 9,000x12=1,08,000 SR= 8,500x12=1,02,000 Rent p.m. =10,000x11,000=1,10,000

[@nripendraku]

My answer is correct sir but I write there one wrong word i.e."Rent p.m. instead of actual" rent

[@elishavaz4488]

Is example 1 correct?

[@AvijitSutradhar-hj4dp]

Example 3 M.V=(1.6.23-31.3.24)= 9M×25000=2,50,000 F.R =(1.6.23-31.3.24)=30,000×10M=3,00,000 S R =(1.6.23-31.3.24)=28000×10M=2,80,000 AR =(1.6.23-30.6.23)+(1.9.23-31.3.23)=8M(30,000-1000) =2,32,000